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🇺🇸🇮🇷BREAKING: President Trump has announced a peace deal with Iran, declaring the Strait of Hormuz open as the agreement takes effect.
Oil prices dropped 4% immediately on the news, falling to $81 a barrel as one of the world's most critical shipping lanes reopened to unrestricted traffic.
Bitcoin reclaimed $65,000 within minutes of the announcement, with $150 million in crypto short positions liquidated as markets repriced geopolitical risk across the board.
The UK, France, Germany and Italy have signaled they are ready to lift sanctions on Iran following the deal, a move that would end years of coordinated Western economic pressure on Tehran.
The Strait of Hormuz carries roughly 20% of the world's oil supply. Its reopening removes the single largest supply disruption risk that had been embedded in energy prices for months.