Today, I was chatting with my friends about this issue. Let’s first see if the Strait of Hormuz can remain fully open next week and whether the ceasefire agreement between the U.S. and Iran can proceed smoothly. Especially keeping an eye on WTI prices—if it drops below $80, it could be a boost for the market. Most likely, it will ease inflation expectations caused by rising oil prices. But if it still can’t be resolved decisively, the longer it drags on, the greater the damage to risk markets.