“Deal with the Islamic Republic of Iran is now complete. Congratulations to all!"

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…

"The Deal with the Islamic Republic of Iran is now complete," Trump said in a Truth Social post.

The US and Iran have agreed on an interim deal to end the war, removing a major overhang for markets and sending oil prices lower