Oil price drops, Asian stocks rally after US, Iran announce ceasefire deal | The World | ABC News

The price of oil dropped below 84 us dollars a barrel after the us and Iran both confirmed a deal aimed at ending a war that's brought about a global energy crisis and there's been positive reactions on stock markets in Asia and Europe.

The price of oil dropped below 84 us dollars a barrel after the us and Iran both confirmed a deal aimed at ending a war that's brought about a global energy crisis and there's been positive reactions on stock markets in Asia and Europe.

But what does the agreement mean for energy supply and movement?

Russ Mould, investment director at AJ Bell in London spoke to The World's Girish Sawlani about what to expect in the weeks and months to come.
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