China Calls For Immediate Ceasefire After US Attacks Iran

China's call for an immediate ceasefire following reported US attacks on Iran introduces significant geopolitical uncertainty, potentially escalating Middle East tensions and impacting global oil markets. While details of the 'attacks' are unconfirmed by US sources, any military confrontation between the US and Iran could destabilize the region, leading to higher crude prices and a 'risk-off' sentiment in equity markets. Investors should monitor official statements from all parties and oil futures closely.