Trump says Iran deal could be reached in 'two or three days' and Strait of Hormuz will reopen 'immediately'

Jack Caffrey, equity portfolio manager at JPMorgan Asset Management, examines the impact of oil prices on equity markets and what that means for both short-term traders and long-term investors. (Source: Bloomberg)

The Iran war risk premium that swept through crop and fertilizer markets is rapidly evaporating as fears of prolonged supply disruptions fade, easing one of the biggest threats to food inflation.