"Market Speculation: Analyzing Oil and Gold Prices Amid Israel-Iran Tensions"
TL;DR Summary
The Middle East's market sentiment has shifted from war fears to relative calm after Iran's failed attack on Israel, with President Biden cautioning against retaliation. The CBOE Volatility Index dropped, signaling decreased tension, and equities rallied. Oil and gold prices declined, indicating a lack of widespread rush to safe-haven assets. Analysts expect reduced likelihood of further escalation, cautioning that any Israeli retaliation could have significant implications for energy markets, with potential disruptions leading to a surge in oil prices.
- Oil, Gold Markets Swing From War Fears To Calm Over Israel-Iran Tensions: What Analysts Expect Next - iSh Benzinga
- April 14, 2024 - Iran's attack on Israel CNN
- Oil Traders Wager on $250 Price by June as War Risk Escalates Bloomberg
- Market Reaction to Iran Attack Tells Us Stocks Aren't in a Bubble The Wall Street Journal
- Oil prices hold firm as U.S. weighs added sanctions on Iran oil exports after attack on Israel CNBC
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