It has been a long time since we talked about oil, mainly because I feel like we have discussed everything that needs to be discussed, and there isn’t much more to say. I can’t just keep saying why oil prices can’t reach 150 dollars or 200 dollars, just like there will always be people wanting to buy cheaper Bitcoin. Today, if it drops to 60,000 dollars, there will always be someone thinking it will fall to 40,000 dollars. No matter how much you talk, those who don’t want to listen won’t listen.

Oil prices are not just a matter of a single country's livelihood; it is something that almost all countries around the world face together. The blockade of Hormuz affects not only the United States but also countries far away in Asia. Iran has officially acknowledged a meeting with the U.S. again and has proposed conditions, while Trump has revealed that the probability of reaching an agreement this time is quite high.

The implications of stubbornness in this war have diminished; both sides have paid a very high price. Even Trump is eager to resolve the issue of high oil prices before the midterm elections, while the blockade of ports in Iran has put substantial pressure internally on Iran. Even in a theocratic state, the people still need to eat.

Not only oil prices, but the price of Bitcoin will also be affected by the Chinese leader’s visit to the U.S. Various sectors believe that China’s focus this time is not on business negotiations but on resolving issues between the U.S. and China, the U.S. and Iran, and even Russia, particularly concerning Iran. China is already seen as one of the "few countries that can persuade Iran to restore Hormuz."

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