UK Foreign Office Minister Falconer says there are indications this is a crisis of weeks and possibly months in the Middle East

UK Foreign Office Minister Falconer says there are indications this is a crisis of weeks and possibly months in the Middle East.

The statement from the UK Foreign Office Minister suggests that the current situation in the Middle East is not likely to be resolved quickly, potentially prolonging uncertainty. This extended crisis may lead to increased volatility in markets, particularly in oil and safe-haven assets, as investors price in risks associated with prolonged geopolitical tensions.