According to CoinMeta, there has been an improvement in crude oil supply, but the market remains cautious about whether this improvement can be sustained. After rising on the previous trading day, oil prices have stabilized, and the market is still assessing whether the recovery of crude oil supply from the Middle East can continue. In September, crude oil prices rose for the third consecutive month due to the lack of progress between Washington and Tehran in reaching a lasting peace agreement, and the Strait of Hormuz has not yet fully re-opened. U.S. President Donald Trump stated at the White House that the United States has full control over the Strait of Hormuz and said that a response to Iran will be made soon. A senior energy trader from a private wealth group said, "The improvement in supply has provided some relief to the market, but without a credible path to a lasting agreement, this relief may only be temporary. The increase in crude oil supply this week does not mean that the same level of supply can be maintained next week."