Morgan Stanley strategist: Sell-offs triggered by geopolitical issues usually fade quickly.

According to BlockBeats, on June 23, Morgan Stanley strategist Wilson stated in a report from Bloomberg that although the U.S. strikes on Iranian nuclear facilities have dominated the headlines, sell-offs triggered by geopolitical events are usually short-lived. Following the U.S. joining Israel’s attack over the weekend, the market reacted relatively mildly, with Brent crude oil prices once rising by 5.7%, but pulling back most of the gains on Monday. However, Iran may respond to the escalation by disrupting navigation in the Strait of Hormuz, which is a crucial transport route for global oil and gas.