Israel-Iran Conflict | Oil prices fall, shares jump after deal announced

Global oil prices remain elevated despite the US and Iran reaching an interim peace agreement.
The deal will see the lifting of the US naval blockade and the reopening of the Strait of Hormuz.
But analysts note that Brent Crude prices are still about a third higher than before the blockade began.

SABC News Economics Reporter Nosipho Radebe has more.

For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.