According to Iran state television, a potential agreement with the United States would reopen shipping through the Strait of Hormuz (vital Gulf oil route).
Brent crude prices fell further after Iran state television reported that a potential deal with the United States would reopen shipping through the Strait of Hormuz (vital Gulf oil route). The report points to easing concerns over disruption in one of the world’s most important energy transit corridors, a development that can quickly affect oil prices and broader risk sentiment across global markets, including digital assets.