Initial deal to end US-Iran war moves toward formal signing despite lingering questions

The United States and Iran are moving toward the formal signing of an initial agreement to extend their unstable ceasefire. This preliminary 60-day extension was agreed upon over the weekend, though some questions remain. Consequently, oil prices declined on Monday as markets anticipated an end to global energy supply disruptions. These disruptions had previously caused significant price surges for gasoline, jet fuel, and other similar products over the last several months of conflict.