The Middle East enters the G-Zero (opens in new tab)

describes them, include an immediate ceasefire on all fronts including Lebanon, the reopening of the Strait of Hormuz and lifting of the US naval blockade, an Iranian pledge never to pursue nuclear weapons, some form of financial payout for Iran, and 60 days of negotiations toward a final deal.With both sides spinning the deal as a victory and contradicting each other on what’s been agreed, there are plenty of ways for this to go south before Friday. But markets have rallied, oil has come dow...