US WTI crude oil futures fell 3.74% to $69.23 per barrel after a US-Iran peace deal erased geopolitical risk premiums, with implications for crypto markets.

WTI crude fell to $71.83 on June 24, the first sub-$72 price since March 3, after a US-Iran deal reopened the Strait of Hormuz. Here is what it means for

Crude oil prices fell below $70 per barrel, marking a post-Iran-US war low, as traders grew optimistic about improved Gulf supply due to peace efforts.