There is finally some hope in the Middle East situation. If the Strait of Hormuz can be stabilized, global shipping can breathe a sigh of relief.

On May 25th, a Qatari Foreign Ministry official told Xinhua News Agency that a senior Iranian delegation was in Doha for talks, including Parliament Speaker Kalibaf and Foreign Minister Araghchi. The talks aimed to explore the possibility of reaching an agreement with the U.S. and ending the war, focusing on issues such as the Strait of Hormuz, Iran's high-enriched uranium stockpile, and overseas frozen funds, with the Central Bank governor participating in discussions on the final financial matters of the agreement.