Israel launched a tenth wave of airstrikes on Tehran on Wednesday, with the country's defense minister vowing that "any leader" chosen by the Iranian regime would be an "obvious target for elimination". The price of Brent crude rose 12% in two days and continued to rise after traders assessed US President Donald Trump's order to insure and escort tankers passing through the Strait of Hormuz. Goldman Sachs head David Solomon believes that markets have reacted to the war in the Middle East with restraint, but investors will need a couple of weeks to make sense of what is happening. Elena Chirkova, Senior Partner at <a href="https://movchans.com/ru">Movchan</a> 's Group of Investment Management Companies, <a href="https://www.facebook.com/share/p/14rVUHgsumq/?mibextid=wwXIfr">analyzes the</a> markets' reaction to the conflict on her Facebook page.

Elena Chirkova

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Markets vote with money: why Middle East stocks don't believe Iran will win