Morgan Stanley strategists: Sell-offs triggered by geopolitical events usually dissipate quickly

ChainCatcher news, according to Bloomberg, Morgan Stanley strategist Wilson stated that although the U.S. strikes on Iranian nuclear facilities have dominated the headlines, sell-offs triggered by geopolitical events typically last for a shorter duration.

After the U.S. joined Israel's attack over the weekend, the market reaction was relatively mild, with Brent crude oil prices rising by as much as 5.7%, but most of the gains were given back on Monday. However, Iran may respond to the escalation by disrupting navigation in the Strait of Hormuz, a crucial transportation route for global oil and gas.