Oil prices drop after US-Iran peace agreement eases tensions. New all-time high for crude oil by September 30 at 7% YES.

The decline came after Trump said an agreement had been reached with Iran that would lead to the reopening of the Strait of Hormuz.

US-Iran peace deal reopens Strait of Hormuz, pushing crude oil prices down and setting expectations for lower gas prices. Bitcoin also rallies toward $74K.