The Middle East situation is stirring again, and the US dollar is beginning to strengthen. Negotiations between the United States and Iran have fallen into a deadlock, and the market's expectation of a rapid easing of the Middle East tensions has been disappointed. Meanwhile, Iran has demonstrated its control over the Strait of Hormuz, combined with the extension of the regional ceasefire agreement, though uncertainties remain, and the risks to energy routes have been amplified once again. Oil prices remain strong, indirectly driving the US dollar higher, and market risk aversion sentiment has noticeably increased. When local geopolitical risks coincide with energy prices, capital often shifts its direction. Most people focus on the news itself, while a minority are already watching where the funds will flow next.