CryptoWorld News reports that analyst Torbjorn Soltvedt pointed out that although there is a fragile ceasefire between the US and Iran, low-intensity conflicts continue to pressure the ceasefire, and in recent days they have evolved into more intense exchanges of fire. Negotiations are still ongoing, but the issue is that both sides want to negotiate from a position of strength. The US believes it can increase pressure on Iran, and that waiting will leave it with more bargaining chips; while Iran thinks that blocking the Strait of Hormuz can squeeze the world economy’s lifeline enough to outlast for a better agreement—this strategy has already proven effective, and many countries have felt the economic impact. “At present, US inflation is touching a three-year high,” Soltvedt warned that if no formal agreement is reached, the current “highly unstable environment could collapse at any time.”