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CryptoWorld News reports that the US dollar is expected to achieve its first weekly gain in three weeks, due to the deadlock in peace negotiations between the US and Iran, which has dashed hopes for a rapid easing of tensions in the Middle East. As the ceasefire agreements in Lebanon and Israel are extended for three weeks before their expiration on Sunday, Iran has demonstrated its control over the Strait of Hormuz by releasing footage of its special forces raiding a giant cargo ship, making it difficult to determine when the shipping route will reopen. A senior analyst at Mitsubishi UFJ Bank stated, "Reports indicate that negotiations between the US and Iran have made no progress, but crude oil prices remain firm, which has supported the strengthening of the dollar."