Institution: The market currently anticipates that the Iran war will last for several months, not weeks.

Vincent Mortier, Chief Investment Officer of Orient Huirong, a major asset management company in Europe, stated that global markets have markedly shifted towards a pessimistic outlook on the duration of the Iran conflict, now expecting it to last for several months. Mortier said that the market has changed in the past 24 hours from expecting a resolution in a few weeks to expecting it to be resolved in several months. He was referring to this war when he made the statement while attending a conference hosted by Bank of America in Paris, and he said that investing in the current situation is "not easy".