Petroleum & Bitcoin

Petroleum: Petroleum prices have been highly volatile due to the conflict and the closure of the Strait of Hormuz. The interim deal and the reopening of the Strait are expected to lead to a significant increase in oil supply, potentially causing a 'mini glut' in the short term and stabilizing prices, which is beneficial for importing nations like India.

Bitcoin: Bitcoin, like other investments, can be affected by broader economic sentiments and interest rate expectations, which are indirectly influenced by geopolitical events like the Iran peace talks.