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'Peak war panic' will likely hit financial markets in 1-3 weeks, strategist predicts, as the U.S. and Iran dig in for prolonged escalation | Fortune
"The end is not in sight. The Strait of Hormuz is effectively closed, and markets are starting to price in a prolonged, uncertain endgame."
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fortune.com
Recession and stagflation risks are rising due to Iran conflict, as economist warns it’s ‘getting harder to argue disruption will be…
"Clearly, the longer that oil remains at these levels, expectations of a sustained shock will only grow," Deutsche Bank's Jim Reid said.
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Oil hits $100 a barrel and stocks sink as Iran War drags on with no end in sight | Fortune
With no resolution in sight, the war with Iran is sending shockwaves through global markets, dragging stocks lower worldwide.
