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On April 14th, sources said that the US and Iran delegations will hold negotiations later this week in Pakistan. Investinglive analysts stated that this is essentially the same news we heard earlier on Tuesday, that both sides plan to hold talks in Islamabad on Thursday. But as this "echo chamber effect" grows stronger, we see market participants beginning to be influenced by this optimistic sentiment and follow the trend. Interestingly, although the latest developments are actually just a re-adjustment of last week's situation, the market is increasingly convinced that there will be a positive outcome. Meanwhile, the real blockade situation in the Strait of Hormuz continues for a longer period. But at the same time, we cannot underestimate the possibility of reaching some form of peace agreement. Especially considering how eager U.S. President Trump is to push this matter forward. It feels like we will ultimately reach an agreement. The only question is what will happen next in the Strait of Hormuz and how it will develop. Currently, market participants are turning a deaf ear to these questions and choosing to go with the flow.