Svmuu According to strategists at the Commonwealth Bank of Australia, the US-Iran conflict may end in May, not June as previously expected. Although the ceasefire does not end the war, analysts see it as the beginning of the end. The analyst stated in a report that the reopening of the Strait of Hormuz indicates substantial progress in the peace agreement. He added that although the plans proposed by the US and Iran seem severely incompatible, reaching a ceasefire suggests that the US is tentatively open to compromise, given that Iran's strategic leverage has not significantly diminished and US allies remain reluctant to provide assistance. He further noted that the economic consequences of the war are continuing to accumulate, and markets would react strongly negatively if negotiations break down due to political constraints. (Jin10)