While the president says the agreement with Iran would open the Strait of Hormuz and provide economic relief, the country’s nuclear program is still a subject for negotiation.

© Eric Lee for The New York Times

Oil prices fell and stocks gained early Monday after Iran and the U.S. reached a deal that may allow more energy and other goods to flow through the Strait of Hormuz.

© Carolyn Kaster/Associated Press, via Ap Photo/Carolyn Kaster

President Trump said more than 200 commercial vessels had safely traveled through the strait. That’s still far fewer than before the start of the war.

© Reuters