Oil Prices Sink, Stocks Soar

Markets rally on expectations that the agreement will ease global energy supply concerns, though analysts warn gas prices may remain elevated for some time.

1. Frame 1Trump says a U.S.-Iran deal reopens the Hormuz map gate, easing market risk around roughly 20% of global crude.
2. Frame 2Price board: Brent fell about 5% and U.S. crude dropped 5.2% as traders cut the war-risk premium.
3. Frame 3Chain: lower crude expectations lower inflation worries, then stocks rise as investors price cheaper energy into earnings.
4. Frame 4Gate: relief depends on ships moving safely through Hormuz and the U.S. naval blockade lifting after signing.
5. Frame 5Failure mode: drivers may still face high gasoline prices because analysts warned crude relief might not reach pumps quickly.
6. Frame 6Timeline: Friday's signing is the benchmark; markets need barrels moving without another Hormuz disruption.