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Shanghai InnoStar Bio-tech Gets Regulatory Nod for Shanghai IPO

Published on 15/08/2024 at 02:14, updated on 15/08/2024 at 02:15

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Economy: More news

Trump Speaks on Military Strikes on Iran Nuclear Sites	10:10am	MT
Netanyahu Congratulates President Trump	10:07am	MT
Mahmoud Khalil vows to resume pro-Palestinian activism after release from US jail	10:05am	RE
Can Saudi Arabia's Aramco Fuel a New Era?	10:01am	MT
Japan's yen sinks as spike in crude oil overpowers safe-haven appeal	09:59am	RE
Russian attacks on Kyiv kill seven and injure dozens, Ukraine says	09:55am	RE
UK private sector growth picks up as service economy leads charge	09:50am	AN
Gold eases as dollar firms, all eyes on Iran's next move	09:48am	RE
Gold eases as dollar firms, all eyes on Iran's next move	09:47am	RE
WRAPUP 5-Iran issues warning to 'gambler' Trump: We will end this war	09:46am	RE
Russian June grain export estimates from Sovecon	09:42am	RE
Sluggish UK business activity improves, PMI shows, but threats to outlook abound	09:35am	RE
Fears of Iran Conflict Escalation Weigh on DAX	09:34am	RE
Japanese Prime Minister Ishiba to skip NATO summit	09:33am	RE
Shock-Proof Oil Stocks to Weather the Geopolitical Storm	09:32am	MT

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Washington strikes first, talks later

By launching a strike on Iran just two days after declaring a two-week period of reflection, the United States has effectively put its doctrine of "peace through strength" into practice. Tehran lacks the military capability to launch a direct response, but may retaliate through other disruptive means, such as obstructing the Strait of Hormuz. As a result, attention is once again shifting towards the oil market. However, investors do not appear particularly unsettled; this outcome was largely anticipated.

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