Iran Deal Reopens Key Oil Route, But Big Questions Remain

A new agreement between Washington and Tehran is set to reopen one of the world’s most critical shipping lanes, driving oil prices down. The Memorandum of Understanding (MOU), a formal pact outlining preliminary terms, promises to ease a major bottleneck in global energy supply. However, industry analysts warn that the hardest negotiations—covering sanctions, nuclear oversight, and long-term stability—remain unresolved. For now, markets react with cautious relief, but uncertainty still looms.