Six months of war in Iran: Markets adapted to endless stalemate

Friday marked six months of "a major military operation" by the United States and Israel in Iran, and the market gradually adapted to this endless stalemate. The conflict, which was initially expected to last several weeks, turned into a stalemate, with geopolitical analysts saying that the nature of the conflict had also changed and the White House shifting its focus to increasing economic pressure on Iran and its trading partners. Although oil prices have risen by almost 20 per cent since the start of the war, current contract transactions prices are still one third below their April peak. Middle East experts noted that, despite the changing nature of the conflict, a breakthrough in ending the war in the near future seemed unlikely。