Will energy prices come down after US and Iran deal?

The US-Iran peace deal has sent oil prices plunging to a three-month low, but experts warn that relief at the pump is far from guaranteed. While the agreement to reopen the Strait of Hormuz and pause hostilities for 60 days is a major geopolitical shift, the global energy supply chain remains fragile. Analysts like Lavin Dass from Kepler emphasize that trust is the biggest hurdle—shipping companies are waiting to see who takes the first risk before resuming operations. Even with the blockade lifted, it could take up to eight weeks for vessels to reposition and for normal shipping flows to resume. Meanwhile, damage to refining infrastructure and lingering market skepticism mean energy prices may not drop quickly, despite the positive market reaction. On a different front, the UK’s ban on under-16s using social media signals a global trend toward stricter youth digital protections, though enforcement remains a challenge. Tech companies argue they can’t be expected to police age verification alone, but regulators are pushing back—especially as more countries follow suit. The episode ends on a cultural note: Starbucks in South Korea is shutting 2,000 stores for a history lesson after a controversial marketing stunt coincided with a sensitive national anniversary.