US Escalation Is the Most Likely Scenario in Iran

If Donald Trump walks away from the war with Iran now, the threat to shipping in the Strait of Hormuz will remain, risk premia on oil prices will stay permanently higher, and Trump’s own popularity will sink even further ahead of this year’s midterm elections. Despite the obvious risks, he has every reason to try to “finish the job.” NEW YORK – The financial and economic implications of the US-Israeli war with Iran will depend on the war’s duration. The longer it goes on, the longer we can expect oil, gas, fertilizer, helium, and other prices to remain elevated. The greater the damage done to the Gulf’s oil production and export facilities, the greater the stagflationary pressure, which will have a major impact on global equity markets, bond yields, and credit spreads. https://prosyn.org/jMWTZi6 Register an account to continue reading with a $1 trial NEW YORK – The financial and economic implications of the US-Israeli war with Iran will depend on the war’s duration. The longer it goes on, the longer we can expect oil, gas, fertilizer, helium, and other prices to remain elevated. The greater the damage done to the Gulf’s oil production and export facilities, the greater the stagflationary pressure, which will have a major impact on global equity markets, bond yields, and credit spreads.