Feels like this is just a temporary hold due to inflation going off the charts, the whole situation is still super tense and could escalate again at any moment. Essentially, this is a tactical pause driven by inflation management, not a strategic shift. In crypto terms, this is a rebound, not a reversal. In two weeks, if oil prices are back in a controllable range and the CPI shock has been absorbed by the market, the political cost of restarting will actually be lower. By then, Trump might say, 'We gave Iran a chance, but they didn’t cherish it, so this time we’re going all the way.' — Market, RIP.