Oil prices have fallen to a three-month low following reports that the United States and Iran have digitally signed a memorandum of understanding aimed at de-escalating tensions in the Middle East. Market reaction was immediate, with crude oil prices sliding as investors responded to expectations of increased stability in global energy supply chains. President Trump also announced that the Strait of Hormuz is expected to fully reopen by Friday, a development that further boosted market confidence. Following the news, stocks rallied and energy markets reacted sharply, reflecting optimism over potential improvements in regional security and global trade flows. Join this channel to get access to OAN Live & perks: https://www.youtube.com/channel/UCNbIDJNNgaRrXOD7VllIMRQ/join Visit us On OAN Live : https://live.oann.com/home.ktv Website: https://www.oann.com Facebook: https://www.facebook.com/OneAmericaNewsNetwork Twitter: https://twitter.com/OANN Instagram: https://www.instagram.com/one_america_news_ KlowdTV: Watch OAN Live on KlowdTV subscription prices start at $2.99 /mo https://klowdtv.com