CoinWorld News reports that Kaito Macro analyst Jonas Gortman said that if the deadlock between the U.S. and Iran continues and the Strait of Hormuz remains essentially closed, market optimism that the Iran war will soon be resolved may quickly begin to fade. He pointed out that negotiations to end the Iran war and reopen the Strait of Hormuz appear to have fallen back into deadlock, causing global financial markets to take a cautious approach at the start of the new week. Time is not on the optimists’ side: with each passing day, disruptions to the energy markets will intensify, resulting in greater downstream damage to economies worldwide.