With oil trading below $100 a barrel for a fortnight, drivers have already seen the average price of a litre of petrol fall by 3p.
Under the agreement, the key Strait of Hormuz waterway will be reopened, US President Donald Trump said.
Many characterized the agreement as a breakthrough, which could lead to lower gas prices.
The president’s deal with Iran has faced criticism from all sides of the political spectrum, including Democratic critics of the war and Iran hawks who supported the conflict.
Contentious questions such as what to do about Iran's nuclear ambitions are widely expected to be set aside for subsequent negotiations ...
Brent slipped below $90 a barrel after Donald Trump said planned US strikes on Iran had been cancelled and a deal was nearing ...
WASHINGTON, June 25 (Reuters) - The International Monetary Fund said on Thursday that it has seen energy and commodity prices fall since the U.S.-Iran agreement to halt hostilities and reopen the ...
Inflation fell in June after a deal between the U.S. and Iran, which has since fallen apart, brought a temporary decline in ...
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