> Once the conflict ends, there will a lag of several months before the tanks will start filling up again.

This is what most people seem to be missing. A price spike is pretty much inevitable @ this point. Regardless of Iran-US deal or not.

How high the spike(s)? How long? How elastic is world's demand in near-future, as prices spike? We'll find out.

And as Trump says, "We'll make millions."

He doesn't mean you and I, of course, or the US as a whole. Hell, he barely means Big Oil. We, for Trump = "me, my family and my friends".