According to BlockBeats, Morgan Stanley strategist Wilson stated that although the U.S. strikes on Iranian nuclear facilities make headlines, sell-offs triggered by geopolitical events are often short-lived.
After the U.S. joined Israel's attack, the market reacted mildly, with Brent crude oil prices rising by 5.7% at one point, but most of the gains were given back on Monday. Iran may respond to the escalating situation by disrupting shipping through the Strait of Hormuz, which is a vital transport route for global oil and gas.