Daily brief
Oil prices dipped as a ceasefire between Israel and Lebanon revived hopes for a revival of the Iran nuclear deal, potentially increasing global supply.
Iran threatened to close the Strait of Hormuz and demanded half of its frozen funds.
Brazil plans to ramp up oil output as Asia seeks alternatives to Iranian supply.
Gold rose on a softer dollar and oil prices, as markets weighed optimism for US-Iran peace.
The DAX remained weak due to fears over the Iran war, and Bitcoin fell to a pre-conflict low as the crypto slide extended.