Brent Petrol Price Dips Below $100 Amid Easing Tensions

The price of Brent petrol has dropped below $100 per barrel following Iran's proposal to ease tensions in the Hürmüz Boğazı. The development has been seen as a positive sign for the markets, with some sectors showing signs of recovery.

Meanwhile, Bitcoin (BTC) surged to $87,000 during the day but struggled to hold above $86,000 and below $87,000. The S&P 500 and Nasdaq indices are also trending upwards, led by gains in semiconductor stocks.

However, there is a warning that if no agreement is reached between the US and Iran, there could be increased volatility in oil and other assets, including Bitcoin.