Oil dips as US-Iran peace framework lifts global markets

Oil prices eased after the US and Iran signed an interim peace framework, signaling a potential easing of supply disruptions and sparking a rally in Asian equities as investors priced in reduced risk to energy flows. Brent traded near $77.73 per barrel while US stock futures rose and major indices looked set for gains, though analysts cautioned that actual logistics and safety steps to reopen shipping routes and normalize production will take time.