U.S. oil prices drop to $84 a barrel after Pakistan says a U.S.-Iran peace deal has been reached

Global oil prices end at 3-month low after Pakistan says a U.S.-Iran peace deal has been reached

Pakistan announces U.S.-Iran peace deal; Brent crude falls to $87.33/barrel as Strait of Hormuz reopening expected. Stable energy supply cuts data center costs; geopolitical de-escalation lowers enterprise hardware supply-chain risk.