KCM Trade: Market Expected to Fall into "Tension and Anxiety" After Hull Island Attack

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KCM Trade states that the U.S. strike on Hark Island marks an escalation in the conflict, and the market’s reaction is unlikely to be optimistic.

Chief Market Analyst Tim Watter said:

“The island and its oil infrastructure are crucial to the global energy market, which means it is likely to remain a key bargaining chip in the short term.”

“Given Hark Island’s importance to Iran and the global energy market, strikes on the island could shorten the conflict, but if the U.S. needs to deploy troops to take control, it could prolong the war.”

“Since the fate of Hark Island remains uncertain, this week’s market opening may again be tense and uncertain.”

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