The US attack on Iran announced by Trump is creating uncertainty in financial markets, with expectations of higher oil prices and inflation.

The US attack on Iran deepens American involvement in the Middle East conflict, provoking reactions on financial markets. Investors expect higher oil prices and inflation in the US, with possible negative effects on consumer confidence. Analysts are forecasting a variety of scenarios, including a potential rise in oil prices to $130 a barrel. Although markets will initially be alarmed, historical evidence suggests a correction could be short-lived. The dollar could benefit from demand for safe-haven assets, but the impact will depend on Iran's reaction and oil price developments.