I believe everyone saw the news on Friday about the Strait being closed and Big Mao also banning oil sales.
As the conflict escalates, institutions have been working overtime over the weekend to revise their research reports, feeling like cursing the old man, with changes happening every day, causing people to be anxious.
Now back to the point.
Recently, oil prices and the stock market have been fluctuating back and forth. To put it bluntly, it’s a reality of oil shortages and Trump’s talk of negotiations being contradictory.
On one side, the Strait is blocked, oil cannot be shipped out, and there really is a global oil shortage.
On the other side, Trump is making daily statements about negotiations, trying to keep oil prices from rising with his words.
However, on Friday, Iran's tough stance and the prolonged duration of the war situation were noted.
Institutions predict that starting next week, oil prices will break out of the range controlled by Trump’s words and may rise.
The conflict will soon reach 5 weeks, and global oil reserves are dwindling.
The reality of oil shortages will overshadow the expectations expressed verbally; oil prices are determined by supply and demand and may not be suppressed by news.
Over the weekend, the failure to reach an agreement between the U.S. and Iran has been confirmed, and U.S. troops are still increasing in preparation for ground operations. The situation will only drag on longer, and it is unlikely that the Strait will be reopened soon.
Historically, conflicts that have dragged on for over a month become increasingly difficult to stop, especially as more countries get involved. #美国“无王”抗议 #全球市场波动 $ETH
