Market Reactions Amid U.S.-Iran Tensions and Inflation

 In a world of post first, verify later, it has become increasingly more difficult to put any sort of rational into market movements. One would expect today to see moderate increases as the US and Iran traded strikes yesterday after the downing of a US helicopter. Widely published that the US targeted Iranian power and infrastructure sites, most of which is prohibited by the Geneva Convention, turned out be more strikes on communication centers. Traders have patiently waited for any signs of deescalation that was promised a few weeks ago, even the slightest bit of news will swing market activity. News is a dangerous force in markets, especially fuel markets that are globally influenced. That is why having a trusted partner as your fuel supplier is so important. That is also why Honesty and Integrity in all dealings is one of our Core Values at DKB. I would like to think there is an end game in sight for this conflict, but with ship traffic only marginally increasing, it’s tough to imagine it will be in days rather than weeks. Inflation is ticking up again, sentiment is low, it is now about how both sides can come out saving face.