Crypto news: In a report, BCA Research analyst Felix Vezina-Poirier said that a surge in oil prices could prompt the United States and Iran to cool tensions over a war in the Middle East. He noted: “Both sides want to demonstrate strength, but neither wants to see the consequences of a broader escalation.” As oil prices continue to climb, it may help resolve the conflict. He also said: “There is a risk that oil prices will break through the ‘dynamic equilibrium’ range of $70 to $90 per barrel, but the spike itself will trigger a cooling mechanism.”