Svmuu reported that Jonas Galtman, an analyst at Capital Economics, said that if the US-Iran stalemate continues and the Strait of Hormuz remains largely closed, market optimism that the Iran war is about to be resolved could soon begin to fade. The analyst said: "Negotiations to end the US-Iran war and reopen the Strait of Hormuz appear to have stalled again, prompting global financial markets to adopt a cautious stance once again at the start of the new week. Time is not on the side of the optimists: every passing day exacerbates disruptions to energy markets, causing greater downstream damage to global economies." (Jin Shi)