IEA Talks between the US and Iran trigger changes in the oil market: options market overflows with bets on re-ignition, IEA's warning of "significant surplus" strongly refuted by OPEC.

According to the Wisdom Finance app, as the United States and Iran are about to reach a peace agreement and the possibility of navigation through the Strait of Hormuz gradually resumes, international oil prices have fallen to a three-month low. Market logic has shifted dramatically from "supply interruption panic" to "expectations of oversupply," and previously almost forgotten crude oil surplus options have suddenly resurfaced. At the same time, the International Energy Agency (IEA) and OPEC are engaged in intense battles over whether there will be a significant supply surplus next year.