Oil prices hold near $89 as US-Iran talks on the Strait of Hormuz stall. Bitcoin reacts to crude volatility while Iran eyes crypto for transit tolls.

Iran-U.S. peace talks in Doha push bitcoin higher and Brent crude down 6% as traders price in Strait of Hormuz reopening.

Brent crude trades at $100 per barrel while European indices drop, Asian stocks close mostly flat and US equities open higher. Markets remain volatile as US-Iran talks stall and…