Institution: Middle Eastern news remains a market-driving factor
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```htmlGolden Ten Data reported on May 28 that analysts from ABN AMRO stated in a report that the market continues to be caught in a roulette of news factors, fluctuating due to the uncertain possibility that the United States and Iran may reach an agreement within a short period to reopen the Strait of Hormuz. "We have always tried to see through the noise of daily news," they said. The ABN AMRO analysts did not comment on when an agreement might be reached, but focused their baseline scenario on the outcome—specifically, when energy supply might fully return to normal, which would enable sustained price declines.```
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