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Iran hints at potential reopening of the Strait of Hormuz within 7 days if the US eases military pressure; WTI crude falls to $89.
According to multiple reports citing a senior Iranian official, Iran could reopen the Strait of Hormuz within seven days if the United States eases military pressure and lifts the port blockade. Following this news, WTI crude oil prices fell over 2.5% to $89/barrel, down approximately 15% from its September high. Brent crude oil dropped below $98/barrel. Bitcoin is currently consolidating around $86,000 after a significant surge on Monday to an intraday high of $87,300.
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Source：CoinDesk · Source Link
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