Oil prices are as steady as ever—this Middle Eastern drama isn’t finished yet either. Hezbollah and Iran still have the script in their hands.

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CoinNetwork
CoinWorld News reports that Dutch cooperative bank strategist Michael Everly pointed out that after yet another Middle East rollercoaster ride, oil prices and various assets have seen virtually no movement, and the market has returned to an “all as usual” state. The final direction of the conflict—especially the decisions by Hezbollah and Iran—will determine energy pricing and market sentiment. Yemen’s Houthi forces claim they will restart the Red Sea blockade of Israel, which could threaten current cargo and energy transportation. Meanwhile, U.S. Navy F-18 fighters struck and disabled a tanker in the Gulf of Oman, and the European Union responded with sanctions targeting Iran’s navy. In short, although Trump says Iran’s negotiating representatives are “willing to give us everything” and he will announce a “complete victory” within two weeks, and Vance also described the agreement as America’s “home run,” this crisis is far from over.
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