Issue 57: Iran
- Sharmila Whelan
- Mar 12
- 1 min read
12 March 2026
The US & Israel – Iran war will be over in a few weeks not months and Trump will be the one that blinks. If China’s leverage over rare earth supplies forced Trump to back down, Iran’s leverage is the Strait of Hormuz. If Trading Post is right and hostilities end within weeks, neither recession nor a new inflation surge is on the cards The starting conditions – liquidity and the state of the world business cycle – are very different from those on the eve of the 1970s oil price shocks and most recent cost of living crisis.
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