European Financial Institutions: Short term Difficulty in Returning Oil Prices to Pre US Israel Iran Conflict Levels On April 9th, according to CCTV News, multiple European financial institutions released reports predicting that international oil prices are unlikely to fall back to pre conflict levels before the US Israel Iran conflict in the short term. The market needs to pay attention to the passage of the Strait of Hormuz and the recovery of infrastructure in the Middle East. Dutch International Group stated that the news of the US and Iran agreeing to a two-week ceasefire has to some extent eased market concerns about long-term disruptions in oil supply, with international oil prices falling below $100 per barrel. The future trend of oil prices will depend on whether negotiations can reach a lasting agreement and whether the level of cross-strait shipping can return to normal. It is expected that the market will continue to fluctuate during the negotiation period. UBS Group stated that it is not yet clear when and to what extent strait shipping will resume, and some tankers will need time to re plan their routes. Once the passage through the strait is blocked again, energy prices may quickly rebound. In addition, even under optimistic circumstances, energy infrastructure repair and production recovery may take weeks or even months. Therefore, energy prices are unlikely to fall back to pre conflict levels in the short term.