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Evening digest: Iran truce strains; Meta jumps as oil, bitcoin move

Global markets remained volatile as a fragile US-Iran ceasefire showed early signs of strain, oil prices plunged, but uncertainty lingered, Meta Platforms surged on AI-driven optimism, and bitcoin edged higher in a cautious rebound. US-Iran ceasefire tested early A fragile truce between the United States and Iran came under pressure shortly after it was announced, as Tehran halted oil tanker traffic through the Strait of Hormuz, raising fresh concerns about global energy supply and market stability. The move effectively breached the terms of the agreement, which had included reopening the critical shipping route. Iranian state media said the disruption was in response to intensified Israeli strikes on Lebanon, which were not covered under the US-Iran deal. The situation escalated further…