It's been 9 days now. During these 9 days, there has been a lot of information, many false reports, but one basic fact remains unchanged:

1. Iran is not that weak;
2. The US is not that strong.
As for how many US military bases in the Middle East have been destroyed, or how much of Israel and Iran's mainland has been bombed, those are no longer important. The most crucial point is that failing to take Iran in 9 days is a failure in itself. The longer it drags on, the more likely it is to be exposed.
Actually, since the 9 days, the intensity of the war has decreased; both sides' bombings are less dense than at the beginning. The impact on the market may also be diminishing marginally (unless new events occur).
Will today's high point in crude oil be the peak of this phase?
Food for thought.