https://www.taxtmi.com/news?id=47298 Global markets showed immediate but contained reactions to a US strike on Iranian nuclear sites: oil prices spiked initially, equity futures and regional Asian indices slipped, and defense stocks gained. The main economic risk is disruption to crude flows through the Strait of Hormuz, which could elevate shipping costs, insurance premiums, and commodity prices. Analysts divided between expectations of a restrained Iranian response that would restore market calm and concerns that political motives could provoke more disruptive actions with broader inflationary and policy implications. en-us Mon, 23 Jun 2025 11:01:03 +0530 Mon, 23 Jun 2025 11:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47298 Global markets showed immediate but contained reactions to a US strike on Iranian nuclear sites: oil prices spiked initially, equity futures and regional Asian indices slipped, and defense stocks gained. The main economic risk is disruption to crude flows through the Strait of Hormuz, which could elevate shipping costs, insurance premiums, and commodity prices. Analysts divided between expectations of a restrained Iranian response that would restore market calm and concerns that political motives could provoke more disruptive actions with broader inflationary and policy implications. News - Mon, 23 Jun 2025 11:01:03 +0530 https://www.taxtmi.com/news?id=47298