“Monday's followed Trump's weekend threat that the US would 'obliterate' Iran's power plants unless if fully opens the Strait of Hormuz within 48 hours”

“Germany's DAX, like most major western markets, has fallen considerably overall throughout the month since the US and Israeli strikes on Iran that killed Supreme Leader Ayatollah Ali Khamenei and many other senior officials starting on February 28”

“Gold and silver, major gainers in recent years, were both in freefall, down almost 7% and 8%, respectively”

“The executive director of the International Energy Agency, Fatih Birol, also warned that the current economic instability caused by the war with Iran had the potential to prove more severe than the two oil shocks of the 1970s and the aftermath of Russia's 2022 invasion of Ukraine combined”

“France's CAC 40 has also shed 9% of its value in a month, despite Monday afternoon's rally”

“Germany's DAX dipped during the morning, and was down by just over 2% as of midday local time”

“Asian markets tumble, but Europe, US rally on Trump optimism”

“The FTSE 100 in London ended in the red, but only by 0.25%”

“France's CAC 40 was just over 2% in the green briefly and gained 0.8% for the day”

“The Dow Jones was up 2.22% by late morning in New York, and the S&P 500 was not too far behind, up 1.78%”

“The rising energy prices are also confouding investors' hopes of likely interest rate cuts, which they previously anticipated in the course of this year, because higher fuel costs apply inflationary pressure that makes it riskier for central banks to reduce the cost of borrowing”

“US markets have slid more or less in line with the values seen in the UK, with the Dow Jones down roughly 5% and the S&P 500 shedding around 3.4% of its value in that period”

“South Korea's Kospi nosedived by roughly 6.5% to 5,405.75”

“Japan's benchmark Nikkei 225 closed down 3.5% at 51,515.49, having dipped lower still in the course of the day”

“Crude oil was one of few prices to rise, but only marginally”

“Several of the major Asian markets dipped by 3% or more, while Europe's main indices all shed in the region of 2% in morning trading”

“Hong Kong's Hang Seng was down 3.5%, while the Shanghai Composite shed 3.6% in a single day”

“Gold had recovered some of its worst losses from the morning, while silver briefly returned to positive territory”

“Crude oil prices tumbled by about 9%, dropping back below $90 per barrel”

“Government bond yields were up and even the traditional safe havens gold and silver shed more than 6% and 7% of their values”

“Stock markets dipped across the board early on Monday, with traders nervous after another weekend yielded no real signs of deescalation in Iran or the wider Gulf region or a reduction in the rising energy prices the conflict is causing”

“The DAX rebounded past 23,000 points, nearing gains of 3% at one point before closing up 1.22%”

“France's CAC 40 was also roughly 2% down, while the FTSE 100 in London logged similar numbers until a small spike recouped much of the losses late in the morning”

“Taiwan's Taiex shed 2.5% while Australia's A&P/ASX 200 fared somewhat better, sliding by just 0.7%”

“The UK's FTSE 100 has fared slightly better, sliding 7.4% in a month, perhaps in part because of the UK's own oil resources”