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The Guardian Business · Mar 22, 2026 6:00 AM EDT Geopolitics

‘The stakes are enormous’: how a prolonged Iran war could shock the global economy

Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say expertsIn the days after the US and Israel first bombed Iran, financial markets bet the economic fallout from Donald Trump’s “little excursion” in the Middle East would be short-lived.“There are risks from higher oil prices longer term. But this is a tail risk,” one US-based fund manager said after the …

‘The stakes are enormous’: how a prolonged Iran war could shock the global economy
Image The Guardian Business

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