Iran's Tasnim: All oil and banking sanctions will be lifted

Then why the spike in Crude happening?

brent crude lower support band 54.90 - 55.42, upper resistance band 58.47 - 58.82, so don't get excited yet, and watch H1 50MA. market is still sideways

from 2012 to late 2014, US oil production enhanced by 33%, more than 9000 thousand barrels / day.
December 31, 2014, the US government allowed the export of oil.

low oil prices will affect how the US economy ???