Brent crude fell 3.6% to $84.21/barrel on the day the US and Iran signed the Islamabad memorandum of understanding, pricing in a durable peace. The accord's 60-day nuclear negotiating window carries diplomatic weight its vague enrichment provisions cannot yet support.
Qatar News Agency infographic highlights the US-Iran MoU signed June 17 as laying the groundwork for a ceasefire and final agreement on nuclear issues and Hormuz access. Source
