[Analyst: No possibility of reopening the Strait of Hormuz in the short term, oil prices will continue to be supported] Odaily Planet Daily News – The Federal Reserve kept interest rates unchanged in March and expects inflation to rise as policymakers assess the impact of the Israel-Iran war. Additionally, Iran launched retaliatory attacks on energy facilities across the Middle East, leading to a severe escalation of the conflict and a continued rise in oil prices. Phillip Nova analyst Priyanka Sachdeva stated that the escalation in the Middle East, precise strikes on oil infrastructure, and the death of Iranian leadership all indicate that oil supply disruptions will persist. Adding fuel to the fire, the Federal Reserve maintained interest rates but adopted a hawkish tone, highlighting economic concerns stemming from the conflict. Tina Teng, market strategist at Moomoo ANZ under Futu, noted that due to Iran's new wave of attacks on Middle Eastern energy infrastructure exacerbating regional tensions and no signs of easing conflict, there is no possibility of reopening the Strait of Hormuz in the short term, and oil prices will continue to be supported. (Jin10)