An agreement between the United States and Iran may positively impact the global economy, according to an analyst at the Center of Economic and Law Studies (CELIOS). Nailul Huda suggests the peace deal could bring certainty to global markets. Specifically, a reduction in geopolitical tensions could lead to a decrease in worldwide oil prices. The potential for lower oil prices stems from increased supply expectations as sanctions impacting Iranian oil exports are potentially eased. This development offers a glimmer of hope for economies grappling with inflation and energy costs. Further analysis will be needed to determine the full extent of the economic impact.