Amid the ongoing Middle East crisis that has rattled markets, American banking giant JPMorgan is urging investors to treat rising tensions with Iran as a buying opportunity rather than a signal to retreat from equities.

In a note to clients, strategist Mislav Matejka advised using short-term market weakness to add positions, arguing that the current conflict is likely to prove temporary.

He expects any spike in oil prices to fade once tensions ease, limiting broader economic fallout.

Markets have been volatile following Israel’s missile strike on Tehran around June 13, which triggered a global equity selloff. 

Concerns have focused on potential disruption to the Strait of Hormuz, a key artery for global energy flows…