Fragile Iran deal offers oil relief, but Hormuz risks remain

A deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes mean future flare-ups are possible. Tanker traffic may not fully return to pre-war levels soon. This situation will likely keep oil prices higher. Logistics will take time to normalize, impacting immediate relief for energy markets.