JP Morgan says falling oil prices after the US-Iran peace deal are fueling a risk-on shift in global equities and crypto, with Brent crude dropping over 5%.

Oil prices dropped towards $80 a barrel and stocks rallied on Monday after Washington and Iran reached a framework deal to end the Middle East war and reopen the Strait of Hormuz,…

Oil prices fell sharply as President Trump announced a US-Iran deal ending the naval blockade, with Brent crude dropping 3.9% to $84 a barrel, its lowest since March.