Under the ceasefire agreement between the US and Iran, oil prices have plummeted, but it is difficult for energy trade in the Strait of Hormuz to "reset to pre-war levels" instantly.

Wisdom Financial APP learned that, with the ceasefire agreement reached between the US and Iran, oil futures market traders and stock market strategists reacted enthusiastically and tumultuously to the temporary agreement between the US and Iran. Especially in the stock market, there is a growing bullish sentiment towards future market trends - as risk appetite returns strongly, global stock markets surged on Monday, with strategists unanimously believing that under the agreement, both the US and Iran will jointly reopen the Strait of Hormuz, gradually restoring the flow of oil and natural gas trade from the Persian Gulf region in the Middle East. However, many Wall Street senior analysts have warned that it may take several months for the energy trade transport flow in the Strait of Hormuz to completely return to pre-war energy transportation norms.