From Oil Shock To Record Highs: Markets Respond To Conflict
2026-04-22·via All Articles on Seeking Alpha
Summary
In response to the U.S. attack, Iran moved to assert control over the Strait of Hormuz, the narrow waterway through which a meaningful portion of the world’s oil supply passes.
A ceasefire has been announced, and markets have responded positively, with the S&P 500 reaching a new record, even as many individual companies remain dramatically below their all-time highs.
While wars and military conflicts can certainly unsettle markets, the great bear markets of the past century were not caused by war alone, but by deeper economic and financial problems.
