Oil prices steady as Iran deal holds

The U.S.-Iran interim peace agreement has reopened the Strait of Hormuz, causing crude oil prices to fall by four percent to $74 a barrel. President Trump claimed the war is proceeding well with Iran making concessions, though Iran's Foreign Ministry denies this. Gas prices remain steady at $3.93 a gallon, up 32% since the war began. Trump later met with NATO Secretary-General Mark Rutte, emphasizing the alliance's importance and Iran's nuclear restrictions.