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Back Fundamental analysis
Should We Expect Oil at $160?
The Strait of Hormuz remains blocked,
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The Strait of Hormuz remains blocked, negotiations between Iran and the U.S. are "ongoing," and the situation is stagnating where it was a few weeks ago, while the market seems to have lost faith in Tehran and Washington's ability to reach a common understanding. I have repeatedly stated in my reviews that the probability of reaching an agreement is extremely low. There's no need to examine all the points of contention between America and Iran; we should focus solely on
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Chin Zhao,
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Urgency
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