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  1. 6,376 Posts.
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    iran has been destabilising the middle east for years via it's proxy armies (Hamas, Hezbolla, Houthies and various militia in Iraq and Syria) which israel is clobbering at present. I am as amazed as anyone at the speed of these events and the crumbling of Iranian power.

    Iran has few options as Russia has its hands full with Ukraine.

    The Gulf States are happy about this, the Turks, Egyptians, Jordan and Syrian are happy, deep down even the Europeans and Americans are happy. The Palestinians, Chinese and Russians, not so.

    For that reason, l don't see markets crumbling, quite the opposite.

    My only caveat to that theory is if Iran claims to be defenceless against Israel and uses this as a pretext to build a bomb. If that happens, it's a very bad and markets will most likely panic....

    Just my simple uninformed (pure spec) opinion.

    HC
    Last edited by Hardcash: Yesterday, 21:56
 
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