Insurance, Not Oil, Is Becoming the Iran War’s Biggest Trade Shock

For much of the conflict between Iran, the United States and Israel, global markets have focused on oil. Every military escalation has triggered speculation about energy supplies, while every ceasefire report has pushed crude prices lower. Yet a quieter market may be delivering a more important signal about the war’s economic consequences. Insurance. Over the […] The post Insurance, Not Oil, Is Becoming the Iran War’s Biggest Trade Shock appeared first on The Middle East Observer.