Iran is very likely back at the negotiation table with the U.S. Like I’ve always said, Iran’s control over the Strait of Hormuz isn’t just targeting the U.S.—it impacts global inflation. So, Iran has clearly stated that the current return to negotiations is happening under third-party mediation, and they’ve also laid out specific conditions for peace talks. Will the new negotiations go smoothly? When will they be completed? I don’t know. But what I do know is that both Iran and the U.S. are exercising restraint right now. The fact that the conflict hasn’t fully escalated is what’s allowing both sides to come back to the table. Iran’s tough stance on controlling the Strait of Hormuz isn’t exactly politically correct, and there’s likely still room for more drama. But I’ve always believed that oil prices won’t stay high for long. My strategy for oil prices has always been shorting at highs. Yesterday, I was still down 60%, but today it’s only a little over 30%. Every time, I remind my fellow short-sellers to pay close attention to margin requirements—try to keep it above $100. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.