Brent crude plunges 15% below $79 as US-Iran deal reshapes oil supply outlook, putting Federal Reserve rate decisions and crypto risk assets in focus.

Oil prices drop nearly 5% as the US and Iran agree to a ceasefire framework, reopening the Strait of Hormuz. Bitcoin rallies to a two-week high above

Crude oil prices drop over 3% to multimonth lows on US-Iran deal hopes, while Bitcoin climbs 2% to $65,800 as geopolitical risk premiums ease across