BlockBeats News, April 1st, "BTC OG Insider Whale" agent Garrett Jin commented on the latest developments in the US-Iran conflict, stating that Trump said if NATO wants oil, they should go get it themselves. US Secretary of Defense Haggis said that ensuring the openness of the Strait of Hormuz is not a military objective and is the task of other countries.
However, the opinions of these two individuals are irrelevant. Iran currently has the upper hand, holding the cards and the strait. If Iran chooses to negotiate, they will be attacked again in the future by an enemy with bolstered forces, and that enemy is not trustworthy. If Iran refuses to negotiate, they will either be attacked now by an overextended enemy or will be able to freely collect tolls from the Strait of Hormuz and gain real power in the Middle East. The choice is clear.
According to PolyBeats monitoring, the current probability on the prediction market Polymarket for "Sail through the Strait of Hormuz by the end of April" is as low as 18%.
