50 years of oil-price shocks have taught us that only 2 things matter to markets right now

Core Viewpoint - The recent combined military actions by the U.S. and Israel against Iran have led to significant volatility across major asset classes, particularly resulting in one of the fastest increases in crude oil prices on record [1] Group 1: Market Impact - Major asset classes have experienced volatility due to geopolitical tensions [1] - Crude oil prices have seen a rapid spike, indicating heightened market sensitivity to geopolitical events [1]