[Analyst: Uncertainty in Hormuz Strait navigation makes it difficult to see oil prices consistently falling below $100] Odaily Planet Daily News – The market's hope for a de-escalation of the Iran conflict is encouraging but may be premature, as tensions remain high and navigation through the Hormuz Strait is still restricted. (Forex.com) Market analyst Fawad Razaqzada stated: 'We are seeing crude oil pull back, but Brent crude futures remain around $100 per barrel, indicating the market is not yet fully convinced. Without a clearer timeline for reopening, and more importantly, a lack of credibility, it is difficult to see oil prices consistently falling below $100.' (Jin10)