What the ceasefire with Iran means for oil prices

Catch up with NBC News Clone on today's hot topic: Oil Gas Prices Iran Ceasefire Strait Hormuz Rcna267227 - Business and Economy | NBC News Clone. Our editorial team reformatted this story for clarity and speed.

Global shipping and energy markets may never be the same, as the world grapples with ongoing questions about the Strait of Hormuz.
A dockyard on the Strait of Hormuz
A family sits across from a dockyard in Fujairah, United Arab Emirates, in the Strait of Hormuz on Feb. 25.Giuseppe Cacace / AFP - Getty Images

War with Iran may be on hold — for now — but that doesn’t mean gas prices will quickly snap back to normal.

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