Fortune·4 min read·medium
Rising tempo of combat in battle for Hormuz tests market's confidence that the worst is over on Iran
J
Jason Ma
✦AI Summary
Financial markets remain relatively calm despite an escalation in military strikes between the US and Iran near the Strait of Hormuz. Analysts suggest that investors are currently displaying complacency regarding geopolitical risks in the region.
U.S. stock futures dipped late Sunday while oil prices rose, but didn’t spike, as investors kept their cool after a weekend packed with new fighting in the Persian Gulf.
economybusinessworld
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