Analyst: With mounting political and economic costs, the United States will be the first to make concessions

Golden Ten Data reported on April 24 that the Commonwealth Bank of Australia (CBA) stated in a report released on Friday: "The longer the Strait of Hormuz remains closed, the greater the economic losses will be—which may force one party to make concessions." Before the outbreak of war, around 20 million barrels of oil and petroleum products were transported through the strait daily. Analysts wrote: "We believe that, as political and economic costs continue to accumulate, the United States will be the first to make concessions. However, there remains a risk of large-scale military conflict, which would significantly push up the US dollar exchange rate."