Iran Conflict: An Acute Energy Shock, Not a Permanent One

Investors have once again been reminded that geopolitics can quickly come to the fore. Conflict in the Middle East has disrupted energy supplies, pushed oil and gas prices sharply higher, and unsettled global markets. While geopolitical events can disrupt the global economy and trigger market volatility, it’s important to remember that such events are finite and are rarely the main driver of long-term investment returns.