When the cost of crude oil drops, economists say, it typically takes at least several weeks for gas prices to meaningfully follow. But the war in Iran has complicated the outlook for supplies.
Despite mutual praise between the two leaders, there has been a series of setbacks to U.S. relations with India since they last met more than a year ago.
The short-term truce hasn’t been made public, and the long-term peace deal it is supposed to yield doesn’t exist yet, so there is much still unknown about any agreement between the adversaries.
The short-term truce hasn’t been made public, and the long-term peace deal it is supposed to yield doesn’t exist yet, so there is much still unknown about any agreement between the adversaries.
The United States and Iran have signed a framework agreement for ending the war, but neither side has published the full text and its details remain unknown.