The announcement of a peace deal with Iran has buoyed energy markets despite President Trump and Iranian officials making conflicting claims about future shipping tolls in the Strait of Hormuz.
Both sides are in agreement that a final deal will see “the toll-free opening of the Strait of Hormuz,” as President Trump put it Sunday.
That is a clear positive for consumers facing high gas prices as well as oil companies looking to refill their inventories. The agreement is scheduled to take effect Friday as a 60-day window for nuclear…
