Diplomatic efforts between the US and Iran are continuing, but the two sides remain apart on key demands, and the outlook for
shipping through the Strait of Hormuz is still unclear. Iran says it requires the US to give a complete and explicit response to its
seven conditions, otherwise it will neither open the strait nor return to negotiations.
Qatar is still mediating and expects to receive feedback from both sides within 36 hours. Meanwhile, Trump acknowledged that US
forces carried out a "small-scale attack" on Iran, while Iran said its defenses are on the highest level of alert.
With the talks' prospects uncertain, oil prices keep swinging on each new headline, and mine incidents in the strait are occurring
frequently. Could the geopolitical premium flare up again? After the elections, are the US and Iran heading toward a deal or renewed
conflict? When risk-off sentiment builds, would you lean toward BTC, gold, or stay on the sidelines? Share your view in the
comments.
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