News-News.Zip

News in English (USA) / 17.06.2026 / 04:00

US and Iran Move Closer to Peace Deal Amidst Fluctuating Oil Prices

As the US and Iran prepare to sign a peace deal allowing Tehran to sell oil immediately, financial details are starting to emerge, influencing global markets. Oil prices have fallen below $80 per barrel, with traders betting on a recovery of flows through the Strait of Hormuz. However, energy experts caution that even with the deal, a full recovery in oil supply may take weeks or months, and inflationary pressures could linger. While gas prices have begun to drop in some regions, analysts suggest that returning to pre-war price levels might take time. Amidst these developments, US stock markets have seen a rally, reflecting optimism about resolving ongoing energy turmoil.
Yahoo Finance, Semafor, CNBC, The Economist, The New York Times, Bloomberg, The Indian Express, NDTV, The Guardian, WSJ