US-Iran talks in Switzerland over the Strait of Hormuz carry major implications for oil prices, inflation expectations, and Bitcoin's risk appetite.

The US and Iran signed a framework peace deal to reopen the Strait of Hormuz. Oil dropped under $81 while Bitcoin surged to $65,800 on risk-on sentiment.

Switzerland confirms US-Iran talks continue at Bürgenstock resort. Here's why the postponed negotiations are moving oil and crypto markets despite no