The G7 summit in France produced a US-Iran peace deal reopening the Strait of Hormuz on June 19, with potential crypto implications for transit fees.

Ahead of the G7 summit in Évian, Trump announced a US-Iran peace deal could be signed Sunday—reopening the Strait of Hormuz—though Iran disputed the timeline. #EuropeNews

G7 leaders will meet in Evian, France, from Monday to discuss the fallout from the agreement reached between the United States and Iran, French President Emmanuel Macron says.