Trump's Iran Deal Sends Oil Below $80

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

1. Frame 1Trump said the U.S.-Iran deal is complete, promising Hormuz will reopen while oil prices fall below $80.
2. Frame 2Reopening Hormuz would ease war-risk premiums on tankers moving through the strait's chokepoint.
3. Frame 3U.S. crude futures fell 5.5% to $80.15 by 5:40 a.m. ET before paring losses.
4. Frame 4Brent was about 5.1% lower at $82.87 after swinging from below $85 to above $89.
5. Frame 5European energy shares fell too: Stoxx 600 Energy dropped 2.3%, and London energy shares fell 4%.
6. Frame 6No toll system and blockade end must match real tanker movement through Hormuz.