US-Iran Hormuz Deal Prompts Mixed Reactions from Shippers and ECB

A deal between the US and Iran to reopen the Strait of Hormuz has led to a rally in Bitcoin and a plunge in oil prices, but uncertainty remains. The ECB's Nagel warned that no inflation relief is in sight even if the strait reopens soon, while shipping companies like Hapag-Lloyd and Japanese firms remain cautious about resuming transit.