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Barron’s (October 21)

2026/ 10/ 22 by jd in Global News
“While many investors hope Iran seeks a peaceful solution to the current standoff,” respected options strategist Michael Schwartz, believes “Iran is using the hostage crisis playbook.” He points out that “the longer Iran resists the U.S., the more respected Iran becomes in the Middle East. Also, Iran’s influence over the Strait of Hormuz has exposed an American weakness,” leading him to believe “elevated oil prices, a primary driver of inflation, could last until President Donald Trump leaves the White House.”