Oil prices fall after Vance says more than 12 million barrels exit Strait of Hormuz
Oil declines as Mideast peace prospects rise following U.S.-Iran deal.
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Why it matters"The only way the Iranians get any of these resources ... is if they comply fully" with the terms of the deal, Vice President JD Vance said.

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Why it mattersThe deal sees both sides commit to further talks to reach a final agreement over the next 60 days and includes a $300 billion plan for Iran's reconstruction.