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Will the Iran War Set Off a Recession?

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Peter St Onge
Mar 06, 2026
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Will the Iran War send us into recession?

Turning Donald Trump’s totally awesome 1980’s boom into a 1970’s quagmire?

As soon as the bombs started falling over Teheran, American markets crashed. Bonds fell. Silver plunged. Even gold is down.

Oil, of course, jumped from $67 to $75 per barrel.

Oil Disruption

Markets always react fast to war – and they can over-…

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