US War Secretary Hegseth says no sense Turkey incident will trigger NATO Article 5; NATO shooting Iranian missile won't trigger Article 5

The comments from US War Secretary Hegseth suggest a low likelihood of NATO invoking Article 5, which obligates member states to collective defense. This could stabilize market sentiment, as the absence of immediate military escalation reduces geopolitical risk. However, ongoing tensions, particularly with Iran, may still impact energy markets and risk assets.