European stock markets are up despite the escalation between Israel and Iran
The conflict, so far, does not appear to be expanding more widely and investors assume that Iran will not threaten to close the Strait of Hormuz
Middle East: Escalating tensions spark fears of an energy shock – Alarm in the EU & Athens
Visible risk of "ignition" of the global energy market, 40% rise in today's prices on the energy exchange - Greece asks for measures from the Commission to put a brake on a new price rally
How real is Iran’s threat to close the Strait of Hormuz? Analysts are divided, speaking of a “global shock” or a “self-inflicted wound” for Tehran
In the shadow of its military conflict with Israel, Iran is brandishing the threat of "blocking" one of the most strategic passageways for international energy trade — the Strait of Hormuz. Analysts weigh the consequences, while many believe Tehran ultimately won't follow through