How can investors navigate uncertainty in the Middle East?

Following the United States’ strikes on Iranian nuclear facilities, global equities fell and oil prices rose; the reverse happened following Iran’s ceasefire with Israel. The oil market has since stabilised, although it did see its largest two-day drop since 2022. Concerns remain should Iran take the unlikely action of closing the Strait of Hormuz, or if there are isolated attacks that cause disruption. If any major developments on the Strait occur, it could affect risk sentiment and push oil prices higher. How are bond markets reacting to the conflict? What strategies can investors adopt...