The Guardian (March 19)
“The US president wanted an easy win, but the conflict is spiralling following Israel’s attack on a gas field and Iranian retaliation across the region.” It is self evident “that the president was not paying heed when people described the likely consequences.” As “Trump breaks things,” the unknown is “who will pick up the pieces?”
Tags: Attack, Breaks, Conflict, Consequences, Easy win, Gas field, Iran, Israel, Pieces, President, Region, Retaliation, Spiralling, U.S.
Wall Street Journal (March 19)
“Escalating attacks on Persian Gulf oil-and-gas infrastructure are sending the U.S.-Israeli war with Iran into a dangerous new phase that threatens to worsen the crisis over global energy supplies…. Israel and Iran had already hit energy facilities throughout the nearly three-week-old war, but Wednesday’s attacks struck some of the world’s most important hubs and raised the prospect of tit-for-tat volleys against oil-and-gas facilities.”
Tags: Attacks, Crisis, Dangerous, Escalating, Facilities, Gas, Global energy, Hubs, Infrastructure, Iran, Israeli, New phase, Oil, Persian Gulf, Threatens, Tit-for-tat, U.S., War, Worsen
Bloomberg (March 16)
“Global oil markets face another week of turmoil after a US attack on Iran’s main export hub heightened risks to supply across the Middle East, and deepened concerns over a conflict that’s already upended energy flows.”
Tags: Attack, Concerns, Conflict, Deepened, Export hub, Global, Iran, Markets, Middle East, Oil, Risks, Supply, Turmoil, U.S., Upended
New York Times (March 15)
“Two weeks into a war against Iran that he chose to launch, President Trump faces a stark choice — stay in the battle to achieve the dauntingly ambitious goals he has set, or try to extract himself from an expanding and intensifying conflict that is generating damaging military, diplomatic and economic shock waves.”
Tags: Ambitious, Battle, Conflict, Damaging, Daunting, Diplomatic, Economic, Expanding, Extract, Goals, Intensifying, Iran, Launch, Military, Stark choice, Trump, War
MarketWatch (March 13)
“America’s “goldilocks” economy is over. The next seven days of the Iran conflict will set the stage for stagflation or global recession.” The U.S. was nearing perfection with unemployment at 4.4% and inflation down to 2.4%. Instead of basking in economic triumph, the U.S. now frets over a potential “doubling of the oil price,” which historically “coincides with a global recession. In today’s terms, that is $120-$140 a barrel. Brent crude brushed the bottom of that range earlier this week.”
Tags: $120-$140 bbl, Brent crude, Conflict, Doubling, Economy, Global recession, Goldilocks, Inflation, Iran, Oil price, Stagflation, U.S., Unemployment
Barron’s (March 12)
“Wall Street is becoming increasingly worried” with the escalating war in Iran. Investors fear the war “could lead to a stagflationary environment where the Federal Reserve can’t step in to boost the economy due to stubborn price growth. Odds of no rate cut in 2026 surged to 46.1% on Thursday.” The odds had stood at just 5.1% a month ago.
Tags: 2026, 46.1%, Economy, Escalating, Fear, Fed, Investors, Iran, Odds, Price growth, Rate cut, Stagflationary, Wall Street, War, Worried
Washington Post (March 8)
The war in Iran “is hitting the economies of Europe and Asia harder and faster than it is striking the United States.” The conflict’s impact extends far beyond oil and natural gas prices. For example, “the closure of several international airports in the conflict zone, including the world’s busiest in Dubai, idled nearly one-fifth of global airfreight capacity, interrupting shipments of consumer electronics, pharmaceuticals and precious metals.” At present, “the cost of shipping goods by air from Asia to Europe is up 45 percent since the war began,” double the increase “for sending items from Asia to the United States.”
Tags: Airfreight, Airports, Asia, Conflict, Dubai, Economies, Electronics, Europe, Impact, Interrupting, Iran, Natural gas, Oil, Pharmaceuticals, Shipments, U.S., War
Bloomberg (March 6)
“Until the conflict with Iran broke out, President Donald Trump was getting — by design or by chance — what he appeared to want in three pivotal financial markets: lower oil prices and Treasury yields, and a weaker dollar. The air strikes that the US and Israel launched over the weekend, and Iran’s counterattacks, are unraveling that.”
Tags: Air strikes, Chance, Conflict, Counterattacks, Design, Dollar, Financial markets, Iran, Israel, Oil prices, Treasury yields, Trump, U.S.
Barron’s (March 2)
“The conflict in Iran has upended the global market for oil and natural gas. It is also having a big impact on coal markets,” which rose to a 52-week high on Monday. “Coal is benefiting precisely because it isn’t directly affected in this conflict—unlike the other resources it competes against.” For example, utilities can switch to coal in electricity generation “when natural-gas prices get too expensive or natural gas supplies are threatened.”
Tags: 52-week high, Coal markets, Conflict, Electricity, Global market, Impact, Iran, Natural gas, Oil, Resources, Supplies, Upended, Utilities
Fortune (March 2)
“S&P 500 futures were down 1.22% this morning as part of a broad global selloff in the stock markets triggered by the conflict between Iran and the U.S. and Israel.” Uncertainty prevails amid efforts to assess the likely severity of the conflict, which “could be serious enough to push oil over $100 per barrel.” For now, investors have “entered a worldwide ‘risk-off’ phase.”
Tags: $100 bbl, Conflict, Futures, Global selloff, Investors, Iran, Israel, of Oil, S&P 500, Severity, Stock markets, U.S., Uncertainty
