The latest round of conflict in the Iran war is the largest in the past month, with the Strait of Hormuz blockade causing a loss of nearly 1 billion barrels of oil supply, and the situation is still worsening daily.

Global oil and gas executives say this will permanently change the energy market landscape. Meanwhile, Putin says he believes the Ukraine conflict is about to end.
Two wars are simultaneously heading toward a conclusion, and Trump is scheduled to meet Xi Jinping at the summit next week. Investors are viewing this summit as the next key milestone for a US-Iran ceasefire.
The market's reaction is that the NASDAQ rose 1.4% last Friday because non-farm payrolls exceeded expectations.
This logical chain is quite interesting: Middle East conflicts, oil supply disruptions, and geopolitical risks stacking up, yet the market actually rose because employment data shows the economy isn't collapsing.
In other words, the variables currently driving the market are not geopolitical factors, but how many more times the Federal Reserve can cut interest rates.
I feel this is a very fragile narrative—if ceasefire negotiations break down, and the continued Hormuz blockade pushes oil prices higher, inflation expectations will rise again, and rate cut expectations will be suppressed. The market's logic of economic resilience will no longer hold.
DO YOUR OWN RESEARCH, not investment advice.