The US-Iran peace deal expected this week would allow immediate Iranian oil exports, sending Brent crude down over 5% and Bitcoin above $65,500.

Oil prices dropped, while markets cheered apparently progress after Donald Trump said an agreement with Iran had been reached and the US would end its naval blockade on the…

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.