What if the Iran War lasts longer than expected?

Since the conflict in Iran began, stocks have fallen and oil prices have risen. The expectation from Wall Street is that the war will be short-lived, with minimal disruption to the outlook for energy markets and the global economy. Historically, price spikes created by geopolitical tension can fade when situations calm down – but what if the war drags on? In this insightful article, Morningstar looks at the potential impact of a prolonged war on energy prices, inflation outlooks, and economic growth.