A major geopolitical breakthrough is brewing as the U.S. and Iran reportedly close a deal to reopen the Strait of Hormuz, sparking immediate market reactions and wild price predictions. President Trump’s hype — “Let the oil flow!” — meets cautious skepticism from everyday drivers, while crude prices dip 5% and major stock indexes climb. The pact, set to be signed Friday in Switzerland, could slash gas prices below $3.75 before July 4th — but with implementation delayed until signing and unclear terms, including whether Israel is on board with de-escalation in Lebanon, not everyone’s buying the optimism. Still, markets are betting big — and the world is watching.
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