trading jumped by around 3%, now they are down slightly, just over 2% increase. that s largely because one fifth of the world s oil consumption travels through the strait of hormuz in the region and there are large concerns, many concerns that escalating tensions will affect supply and will further impact prices. shares and stocks in asia also down on the news. but safe haven assets like gold have risen, with gold nearing a record high. mil risen, with gold nearing a record high. risen, with gold nearing a record high. all right, thank ou record high. all right, thank you very record high. all right, thank you very much. record high. all right, thank you very much. let s - record high. all right, thank you very much. let s get - record high. all right, thank. you very much. let s get some more reaction now from the american middle east analyst aaron david mueller, he is from the carnegie endowment for international peace. i the carnegie endowment for international peace.- internat