Analyst Warns of Waning Optimism Amid U.S.-Iran Tensions

Analyst Jonas Goltermann from Capital Economics has expressed concerns over the ongoing U.S.-Iran tensions and the potential prolonged closure of the Strait of Hormuz. According to Odaily, Goltermann noted that optimism regarding a resolution to the conflict may soon diminish if the situation persists. He stated, "Negotiations to end the U.S.-Iran conflict and reopen the Strait of Hormuz appear to be stalled again, prompting global financial markets to adopt a cautious stance at the start of the new week. Time is not on the side of optimists: with each passing day, disruptions to the energy market intensify, causing greater downstream damage to global economies."