US-Iran ceasefire: When will fuel prices go down?

The US and Iran have reached a two-week ceasefire agreement, allowing the reopening of the Strait of Hormuz for safe passage of ships. Following this announcement, Brent crude oil prices dropped by nearly 15%, reaching around $95 per barrel, down from nearly $120 at the war's onset. However, it remains uncertain whether this will lead to an immediate decrease in fuel prices for consumers.