Media: US plans to establish a one month ceasefire Odaily Planet Daily reported that according to Israel's Channel 12, the United States may soon announce a one month ceasefire in the Iran War, a mechanism promoted by US Middle East envoys Witkov and Kushner. As of the time of Jin Shi's publication, there have been no other authoritative media reports on this matter. Investor Live website analyst Eamonn Sheridan stated that this news may indicate a reduction in geopolitical risks in the short term. The response of the energy market is in line with the trend of excluding some war risk premiums. The decline in oil prices reflects that the energy market is still highly sensitive to any signs that regional tensions may cool down (even temporarily). Although such a prolonged ceasefire may not necessarily resolve broader conflicts, it suggests that hostile actions may decrease in the short term, thereby reducing the risk of regional energy infrastructure and shipping disruptions. For traders, the key is that oil prices have always carried significant risk premiums related to concerns about broader escalation of the situation. Any reports suggesting that conflicts may be formally suspended could trigger a rapid repricing of the market, especially in situations where positions are biased towards supply risk concerns. This seems to be the case, but the sustainability of this trend may depend on whether there is official confirmation of the report and whether the proposed ceasefire mechanism can receive clear support from all parties involved. At present, this message points to an ongoing process rather than a completed agreement. Therefore, the market will continue to closely monitor subsequent developments, including official statements, statements from US officials, and any response from the other party. (Golden Ten)