‘There’s still uncertainty on the longevity of this deal’, ING analyst says as traders wait to see if sanctions will be lifted while weighing potential for Israeli interference.

The prospects for a peace deal, falling Chinese demand and some workarounds to the Strait of Hormuz closure have helped to stop crude market from going haywire | World News

If it holds, the agreement will have widespread implications for China’s economy, which has depended on exports to drive growth.