QCP: US-Iran Tensions Repeatedly Fuel Risk-Off Sentiment, Crypto Market Volatility Continues to Rise
Source：
www.qcpgroup.com
QCP's latest report indicates that the situation remains unstable following the signing of a memorandum of understanding between the US and Iran. Over the weekend, both sides experienced military friction again and accused each other of violating the 60-day ceasefire agreement, casting a shadow over the prospects for subsequent negotiations this week. Although crude oil prices remain roughly at the low level of $70 per barrel, indicating that the market still holds cautious expectations for an easing of tensions, oil prices still face upside risks if supply recovery falls short of expectations.
