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Oil prices had already fallen quite dramatically on Thursday and Friday, in anticipation of an imminent deal. President Trump has posted online that the Strait of Hormuz will reopen after the deal is signed on Friday.
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U.S. stock futures jump on Iran deal to end the war; Japan's Nikkei surges 5%: Live updates CNBCOil prices fall on US-Iran agreement CNNCrude oil futures drop after Trump promises an Iran deal will be signed Friday NPRUS Futures Climb, Oil Falls on Iran Peace Deal: Markets Wrap Bloomberg.comShares surge, oil skids in Asia on Gulf deal Reuters
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Oil prices fell and U.S. stock-index futures jumped Sunday after President Donald Trump said the U.S. has agreed to a peace deal with Iran, apparently ending months of hostilities that shut the Strait of Hormuz and sent the global economy into an oil shock.
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