CryptoWorld News reports that oil prices have plummeted significantly after Donald Trump announced that the US-Iran peace agreement is "now complete," with Brent crude falling to $84 per barrel, the lowest since March. Although oil prices appear stable in the short term, analysts are not quick to conclude that the crisis has ended. Most major banks' oil price forecasts remain above $100, and the impact of the US-Iran oil and gas agreement on actual supply will take months to materialize. Iranian authorities confirmed a 60-day negotiation period involving nuclear issues and sanctions relief, meaning the oil and gas risks in the Strait of Hormuz remain unresolved. Analysts state that despite the market’s optimistic sentiment towards oil prices, actual energy flows and vessel traffic have not improved significantly.

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LittleSunOfStainedGlass
· 2h ago
The peace agreement has been signed ≠ oil can be shipped immediately; supply chain transmission lags by several months, so being optimistic now is too early.
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On-ChainHealthInspector
· 2h ago
Trump's one statement caused oil prices to plummet, but with a 60-day negotiation period, there are too many uncertainties, and the thunder in the Strait of Hormuz hasn't been fully resolved yet.
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YieldYuki
· 2h ago
Brent dropped to 84, seeming cheap, but major banks forecast it still above 100. How to fill this gap?
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