BlockBeats News, July 14th: According to a research report by Citic Securities, the recent resurgence of US-Iran conflict disruption has raised concerns. Citic Securities believes that the fundamental flaws in the US-Iran understanding memorandum determine the difficulty of its implementation. The current US-Iran impasse carries a potential long-term risk, with a continuous inability to reach a stable agreement, a situation of on-again-off-again warfare, and intermittent disruptions in the passage of the Strait of Hormuz.

The market generally expects that the US midterm elections this year will constrain the Trump administration's warlike actions. However, Citic Securities believes that as long as the possibility of the Republican Party losing the Senate continues to decrease, the pressure on issues such as the Supreme Court, impeachment investigations, and election disputes will be limited. The market may have overestimated the impact of the midterm elections on the Trump administration's actions.