US-Iran deal: When will oil prices fall?

Article excerpt

A potential US-Iran deal could ease global energy markets by reopening the Strait of Hormuz and ending regional conflict, but relief at the pump won't come quickly. Oil prices and supplies may take months to stabilize even after a deal is struck, as shipping routes restart and damaged infrastructure undergoes repairs. Analysts warn that the lag between agreement and actual market impact creates uncertainty for consumers and businesses already struggling with energy costs.