Brent crude falls to $83 as an interim US-Iran peace deal to reopen the Strait of Hormuz reshapes inflation expectations, with implications for Bitcoin and

Oil prices drop 4% after the US and Iran agree to reopen the Strait of Hormuz within 30 days, with WTI crude falling to the $81-85 range and crypto markets

Brent crude futures falls $4.08 to $83.25 a barrel and US West Texas Intermediate falls $4.35 to $80.53.