Global markets reacted mildly to recent U.S. military actions against Iranian nuclear targets, with oil prices experiencing fluctuations but avoiding panic. Analysts speculate on Iran's possible retaliation, particularly concerning the strategically vital Strait of Hormuz. The price of Brent crude rose slightly, reflecting investor anxiety over potential disruptions in oil supply, while stock futures showed minor declines. Despite the heightened tensions, experts like Neil Newman predict a short conflict, believing the situation will stabilize, reducing the need for extreme market reactions. The overall sentiment remained cautious but not alarmed, signaling confidence in market resilience.
"I believe what we are thinking is or the thinking is that it is going to be a short conflict. The one big hit by the Americans will be effective and then we'll get back to sort of business as usual, in which case there is no need for an immediate, panicky type of reaction," said Neil Newman, managing director of Atris Advisory Japan.
The attacks on three Iranian sites raised the stakes in the war between Israel and Iran and left questions about what remains of Tehran's nuclear program.
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