As Iran disrupts the overall energy transport in the Persian Gulf, energy transport through the Strait of Hormuz has again fallen to 8.5 million barrels per day, causing a decline on the energy supply side.

At the same time, pressure on the energy supply side has already been passed on to the production side. Asian refineries, facing the combined factors of high oil prices, high freight costs, and high insurance costs, have begun to gradually cut production. The dual downward pressure from energy supply and energy production has led to continued rises in Brent and WTI prices.

The only good news is that Pakistan’s Army Chief, Asim Munir, has visited Tehran. As the highest-ranking official in the mediation of the Middle East war on this Palestinian issue, he must be bringing important mediation news this time, and the US-Iran mediation channel is once again returning to a substantive stage.

In fact, as the US-Iran situation has developed to this point, we must face a cruel reality: if we want to solve the energy problem, we cannot avoid US-Iran negotiations. Whether it is alternative shipping routes or increasing non-Middle Eastern energy output, neither can fundamentally resolve the current dilemma, and may even create greater trouble.

Both the US and Iran should be aware of this, and so should countries around the world. Therefore, all optimism can only be placed on the hope that the US and Iran can return to negotiations, though the difficulty is still very high and it is agonizing!#Elice韩股上市首日暴跌33%