Draft MOU Iran–U.S.: Hormuz Strait go open again for 30 days, $24B wey freeze funds go release

Iran state media (Mehr) tok say draft MOU between US and Iran require say Hormuz Strait must open again within 30 days "according to Iran’s arrangements." The same draft join wetin go happen for easing: US go cancel oil-related sanctions and release about $24B of Iran’s frozen assets. E also report say e get troop/military de-escalation steps like make US forces withdraw around Iran and end the naval blockade, plus 60-day final negotiation window wey go cover nuclear and economic issues. Key context: Hormuz Strait na critical global chokepoint, e handle roughly one-fifth of seaborne oil. After Iran block part time for March and threat to attack shipping, crude prices jump and energy authorities and industry leaders call the disruption one of the biggest supply shocks. Market read-through for crypto traders: expectation say Hormuz timeline fit bring relief fit reduce macro risk premiums (oil-price shock, inflation worries), improve overall risk sentiment. For the article snapshot, WTI dey around $83.6 (down on the day), and BTC dey rebound toward about $64k. But the draft never final. Iran foreign ministry talk say Tehran never make final decision and approvals still pending, so traders fit see volatility around headlines until the agreement officially sign.
Bullish