EU is said to considers joint defence bonds amid concerns around the Iran war, Welt reports; a proposal is to be presented; defence bonds could be backed by member states

The EU's consideration of joint defense bonds indicates a potential shift in strategy to bolster military funding in response to heightened tensions, specifically concerning the Iran conflict. This could lead to increased market volatility in energy prices and defense-related assets, highlighting the interconnectedness between geopolitical developments and commodity markets.