The DAX 40 pared some initial gains to close marginally up at 24,210 on Thursday, as traders reacted to the latest escalation in the Middle East tensions and the ECB's policy decision outcome. The US president has warned that his military will attack Iran this Thursday evening and will soon take control of the country's oil infrastructure as well as its oil and gas markets. Meanwhile, the ECB unsurprisingly raised its key interest rates, while signaling a more challenging outlook by raising inflation forecasts and lowering growth projections. Among equities, SAP was the biggest laggard, slipping over 6%, pressured by Oracle's slide following post-results spending plans. Deutsche Telekom shares fell 3.7% after a Wall Street Journal report indicated that CEO Tim H