Analyst Torbjorn Soltvedt says a fragile fire masks ongoing low‑intensity
conflict between the US and Iran that has recently escalated into heavier
exchanges. Negotiations continue, but both sides seek to bargain from strength:
Washington prefers stepped‑up pressure to increase leverage, while Tehran
believes threats to close the Strait of Hormuz can choke the global economy and
extract better terms. Soltvedt says the tactic has already produced economic
effects across multiple countries. He warns US inf is at a three‑year high and,
without a formal agreement, the "extremely unstable environment could collapse
at any time."
