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This morning, the United States once again announced that it would unilaterally extend the ceasefire, but Iran isn’t going along with it. The U.S. wants to use this to stall Iran and keep them involved; now, whichever side gains the upper hand in the negotiations can also go after more benefits. $XAUUSD
If there’s no agreement on talks for a day, the strait is sealed, crude oil rises, and inflation increases—America is getting very anxious. But Iran wants the U.S. to stop the blockade first, and then talk; that way, Iran has the initiative, and can secure more benefits. Next, it’s up to Trump—if Iran is the first to loosen up, once negotiations begin, it will be bearish for crude oil, with liquidity being released, which is positive for the crypto market and the futures market.