Markets ‘completely wrong’ on Iran war, oil could hit $200 a barrel: Economist (2026-04-07)
John Sfakianakis from Gulf Research Center says the markets are “completely wrong” in pricing out the Iran war, as military buildup and failed negotiations point towards further escalation. He also says the oil markets are currently in a \new paradigm\" where the risk premium associated with the Strait of Hormuz has to be taken into account."