Market Overview

Iran Clash Could Create Market Chaos

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Originally published on Fox Business

The financial world remains glued to the standoff in the Middle East between Iran and the West, searching for clues of an airstrike by Israel or even the U.S. that could plunge the region and financial markets into chaos.

While the chances of a conflict over Iran's nuclear ambitions before the end of the year seem unlikely, a slew of recent developments have kept the threat of war on jittery investors' radar screens.

That's for good reason, as in addition to a potentially significant loss of life, a military confrontation would likely have profound economic repercussions: driving oil prices to unthinkable heights, sending cash pouring into safe-haven assets like gold and eating into already-sagging global growth.

Continue reading this article here.

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

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