00:00And it's really interesting because you said oil markets are optimistic.
00:03I must say Wall Street index is pretty optimistic too.
00:07They're really rallying after Iran says the Strait of Hormuz is completely open.
00:12Markets appear to be pricing in peace right now.
00:16But what risks remain ahead of possible peace talks between the US and Iran?
00:23Well, you know, they are pricing in peace.
00:25You're absolutely right.
00:26But what is the way there may not be that easy and not that straightforward.
00:32But let us not forget when we had the JCPOA last time around in 2015.
00:39That took years to negotiate.
00:42So I just I'm very critical of having lasting agreements negotiated in just a few days.
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