The moves followed an attack on tankers in the Strait of Hormuz, a revoked U.S. waiver on Iranian oil sales, and strikes on roughly 170 targets over two nights, with Iran retaliating against Bahrain, Kuwait and Qatar simultaneously. That split the twelve assets along conflict exposure: oil and volatility measures rose while broad equities, materials and gold fell together. Gold's decline is the unusual detail, since it typically rises as a safe haven during regional escalations, suggesting investors read the episode as a confidence downgrade in the ceasefire rather than a fresh crisis demanding shelter.
This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.
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