Investors are bracing for impact after the U.S.'s attacks on Iran, a move they see as carrying far larger market consequences than the Venezuela campaign.

Investors are bracing for impact after the U.S.'s attacks on Iran, a move they see as carrying far larger market consequences than the Venezuela campaign.

The Middle East has been thrust into a widening conflict, causing investors to brace for risk-off trades once markets reopen.

A prolonged closure of the Strait of Hormuz, a critical transit route for global crude, could lead to a 1970s-style energy shock.