BlockBeats message, April 8, an Australian Federal Bank strategist believes the conflict between Iran and the U.S. may end in May rather than June as previously expected. Although the ceasefire has not ended the fighting, analysts view it as the beginning of the end. In a report, the analyst said that the reopening of the Strait of Hormuz indicates that the peace agreement is making substantive progress. He added that although the plans proposed by the United States and Iran appear to be seriously incompatible, reaching a ceasefire shows that, given that Iran’s strategic leverage has not been significantly reduced and U.S. allies still are not willing to provide assistance, the U.S. is cautiously open to compromise. He added that the economic consequences of the war are continuing to accumulate, and if negotiations break down due to political constraints, the market will respond with a strong negative reaction. (Jin10)
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