Iran ceasefire deal a partial win for Trump – but at a high cost

The US and Iranians now will engage in negotiations over the next two weeks, buying some time to try to reach a permanent settlement. It is likely to be a bumpy ride, but in after-hours trading, the price of a barrel of oil dropped below the $100 mark for the first time in days and US stock futures soared. There appears to be a sense of optimism that the worst is over.