According to CoinMeta, investment live reporting indicates that oil prices in the Asia-Pacific market have fallen, with the Australian dollar reaching a three-month high. Oil prices declined during post-settlement trading due to reports from Russian media RIA citing sources from Pakistan and Iran that a ceasefire agreement has been reached between the US and Iran, including free passage through the Strait of Hormuz. This report has not yet been confirmed by Western media or Iranian state media, but it still exerts pressure on oil prices. Additionally, Axios reports that US Secretary of State Marco Rubio told foreign ministers of allies that the US is shifting its strategy towards Iran from military strikes to sanctions, believing that naval blockades and mine-clearing operations have reduced Tehran's impact on global oil flows. The US has begun to restore its personnel in the Middle East, re-entering embassies that were evacuated or scaled back during the Iran war.