Brent crude drops 10% as US lifts blockade on Iran, resuming tanker passage. New all-time high by September 30 at 7.5% YES.

The drop to the lowest since early March has erased the bulk of the gains seen during the conflict. Read more at straitstimes.com. Read more at straitstimes.com.

Brent crude drops below $80 per barrel as a 60-day US-Iran ceasefire extension signals resumed Strait of Hormuz flows, easing energy costs for Bitcoin