BlockBeats News, April 2nd, according to the Islamic Republic News Agency (IRNA) report, Gharibabadi, Iran’s Deputy Foreign Minister, stated that Iran has said it is drafting a transit agreement for the Strait of Hormuz with Oman.
Impacted by this news, according to Bitget data, oil prices fell, with WTI crude oil falling below $107 per barrel at one point, and Brent crude oil dropping to a low of $103.5 per barrel. Spot gold once rose above $4700 per ounce. The three major U.S. stock indexes made a full reversal, with the Nasdaq recovering from a previous 2% decline.
