Oil prices drop nearly 5% as the US and Iran agree to a ceasefire framework, reopening the Strait of Hormuz. Bitcoin rallies to a two-week high above

Brent crude drops 15% from war highs as US-Iran peace deal hopes and plans to reopen the Strait of Hormuz reshape global oil markets and investor

Oil prices fell sharply after the U.S. and Iran announced a deal to reopen the Strait of Hormuz.