Brent crude falls below $79 as the US-Iran peace deal reopens the Strait of Hormuz. Here's what cheaper oil means for inflation, crypto markets, and

Brent crude oil prices fell to their lowest levels since early March as traders grew more confident about an imminent peace agreement between the US and Iran.

Oil prices sank Monday, hitting their lowest levels in more than three months, after the United States and Iran said they had reached an agreement that would end a US blockade of…