The stock market week was marked by the resumption of attacks between the United States and Iran, in a conflict that continues without a solution in sight. The new escalation of tension between the two countries has again reduced traffic through the Strait of Hormuz, one of the most important maritime routes for oil transport worldwide.
This worsening of the conflict in the Middle East has significantly increased fears of new disruptions in global energy supply. The Strait of Hormuz is a strategic passage through which a large portion of the world's oil reserves pass, making any instability in the region particularly concerning for energy markets.
Analysts identify a double threat to financial markets: on one hand, the geopolitical uncertainty related to the conflict between the United States and Iran and its potential impact on oil prices; on the other hand, the high levels of interest rates that continue to pressure the economy and markets. This combination of factors keeps investors on alert regarding possible new volatilities.
