The U.S.-Iran agreement is already impacting global markets, with oil and gas prices continuing to fall as traders anticipate more stable energy supplies if the ceasefire holds.

The deal launches a 60-day push toward a final agreement, including provisions to reopen key shipping routes, ease sanctions, and resume nuclear talks. President Trump warned that if negotiations fail, the U.S. could “go back to bombing,” but for now, lower energy prices are among the first visible effects of the agreement.