US-Iran talks in Doha advance as Trump hails progress, new communication channel is agreed and easing war tensions send global oil prices sliding.

Crude oil prices climb as US-Iran peace talks resume in Doha amid lingering Strait of Hormuz risks. Bitcoin also rises on de-escalation sentiment.

US-Iran war LIVE updates: The United States and Iran separately confirmed on Monday that they would send delegations to Qatar. However, Tehran said that it has not agreed to hold…