Speaking of which, there is another piece of news worth mentioning today, which is that Iran has started laying mines in the Strait of Hormuz. This news did not cause oil prices to rise too much. As the saying goes, war reports will lie, but the front line will not. The fact that oil prices have not jumped again indicates that the market is not currently panicking because of this. In fact, this matter may not be as bad as imagined: 1. Iran's deployment speed of mines is very slow, currently only a few dozen, not the overwhelming blockade of waterways as imagined 2. Essentially, it's still about doing what we wanted to do before but didn't dare to do in this conflict. In the past, if we blocked it due to US sanctions, it would provoke public anger. But this time, Iran is at a disadvantage, and neighboring countries will only blame the US for provoking Iran when they see the difficulties of Iran's blockade 3. Iran competes for control of the strait and benefits from it through blockades. Ultimately, blockades are not the goal, but rather the ability to make money from them. This means that blockades will not last long, and Iran only wants to play an extra card. As long as the United States softens down, the strait will naturally become open. 4. At present, it is difficult for neighboring countries to say much, but if the strait is closed for a long time, the two year old conflict between Persian Shia and Arab Sunni may be reignited. If neighboring countries completely turn to the United States and Iran, the pressure will be even greater. So there is no need for Iran to impose a long-term blockade, just stop as soon as you get what you want. 5. Through this war, the situation in Iran may improve compared to before, and ultimately may be achieved by giving up some nuclear rights in exchange for the relaxation of US sanctions. Once Iran can access the world system and provide job opportunities for its high-quality population, the domestic political system will naturally adjust accordingly. And all of this has a time limit, probably within one month. After all, the world can last for one or two weeks, but if the restrictions continue until the third or fourth week, price elasticity will significantly deteriorate. At the same time, today, it is reported that Trump's visit to China has shrunk. The preparation period for this visit was originally short. In addition, the United States' cross cutting performance in Iran has made Trump lose a lot of chips and less interests to exchange. Let's see if he will go downhill during his visit to China. And the end of this war that should not have happened is ultimately to solve Netanyahu, and see if Trump will finally abandon him for self preservation