Trump announces the Strait of Hormuz will reopen toll-free by Friday under a new US-Iran MoU. Bitcoin surges past $65,000 as oil prices drop on the news.

Trump says an Iran deal will be signed tomorrow to reopen the Strait of Hormuz. Here's what it means for oil markets, Bitcoin, and crypto investors.

Trump said the US reached a deal with Iran on Sunday to reopen the Strait of Hormuz, a possible end to a 15-week conflict that upended global oil markets.