According to CoinMeta, German Vice Chancellor and Finance Minister Olaf Scholz stated that US President Donald Trump's war against Iran has disrupted the global energy supply balance and is the main culprit for the soaring yields in the global bond markets. He pointed out that the rise in bond yields has further exacerbated Europe's economic difficulties, including increases in natural gas prices. Scholz clearly stated that the increase in interest rates over the past few days and weeks is a result of the global uncertainty caused by Trump's war against Iran. He also mentioned that Germany expects its tax revenue to decrease by more than 50 billion euros by the end of this decade, attributing this to "Trump's reckless war and the resulting global energy price shocks."