Europe may bear the brunt of oil prices rising after we attack Iran

The president had It was publicly vague With a pattern that is now familiar from the oval office about whether he would take military action, but he surprised the global media by confirming that Warpoon had. Attacked three separate targets.

In response, Iran warned of the “eternal” outcome.

And while Trump has previously said he would not harm Iran’s supreme leader Ayatollah Ali Khamenei, but despite knowing where he was, the president has suggested that the Iranian regime should be overthrown.

he I wrote it on his websiteThe True Society: “It is politically incorrect to use the term “change of regime” but if the current Iranian regime cannot make Iran great again, why is there no regime change??? Miga!!!”

As soon as Trump created a proposal member for his own Cabinet Conversely, I started a briefing. Defense Secretary Pete Hesguez told reporters that the mission was “not about a change of government, it wasn’t.” JD Vance denied that the US was fighting Iran. “We are at war with Iran’s nuclear program,” he revealed.

question Voters and analysts inevitably turned their attention to Iran’s “eternal” response It may be.

Iranian Foreign Minister Abbas Araguchi also announced after he struck a trip to Moscow to meet Russian President Vladimir Putin, as Western countries overwhelmed the possibility of Tehran acting in an economy.

Speaking in Istanbul, Aragut told reporters that Iran has a “strategic partnership” with Russia, adding, “We will always consult with each other and adjust our position.”

Iran’s parliament has approved plans to approach home and close the Strait of Hormuz, which transports around a fifth of the world’s daily global oil production.

This is the most pressing concern for analysts, and analysts saw Brent crude come back sitting at about $79 a barrel after oil prices jumped to five months’ highs when the market opened in Asia on Monday morning.

However, analysts also note that the nations that attracted short straws in the conflict, and indeed, consumers may be people who are not directly involved in their actions this weekend.

As Jim Reid of Deutsche Bank points out, the US has transformed into a net energy exporter over the past few years.

The lead continues. “However, in Europe, the impact is potentially severe. For every $10/bbl increase in oil, if it lasts 0.4pp within 0.4pp within a quarter, it could add a quarter to the HICP (index of consumer price harmony used by the EU).

“If such an increase is maintained, growth could decrease by about 0.25pp.”

Beware of the deck chair general

As geopoliticians paint an uncertain path for the coming days, economists are warning investors against kneeling reactions.

Paul Donovan of UBS luck This morning: “We live in a world of political polarization and healthy economics. It encourages sensationalism. General Deck Chair offers extreme opinions about the US attack on Iran. Both supporters and enemies could dramatize events.

He continued. “While it may be tactical to rule out short-term attacks just before President Trump attacks, the proposal to change administration against official US policies creates uncertainty, which raises the issue of trust related to negotiations.

“Even a small increase in oil prices will raise gas prices so that trade tariffs will boost other prices and add to profit-driven inflation.”

That being said, JPMorgan analysts said investors should buckle due to long-term volatility.

With notes you can see in luck This morning, JPMorgan’s Mislav Matejka wrote Trump’s conflicting statement about whether the weekend strike was the only action, or whether the start of a series of attacks brought “almost certainty.”

Furthermore, we have not seen any clear routes to political reconciliation into military conflicts. It makes me think that conflicts like Gaza can last longer than many investors think,” he added. Furthermore, Iran is much larger than Gaza, Syria and Lebanon, and sits in the Strait of Hormuz, unlike the other three regions that Israel has attacked over the past 18 months.

Matejka adds: “In our view, global economic/world investors cannot ignore the risk of an Iranian conflict in Lebanon, Syria or Gaza, nor do they ignore the 10% jump in the global energy price.”