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The Economic Times

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Iran war is one 'TACO' too far

A Trump always chickens out investment strategy is being challenged by the Iran war, which has triggered a major energy shock and record oil volatility. Unlike previous crises, the damage to infrastructure and global energy flows may be irreversible, even if President Trump de-escalates. This conflict could prove to be a TACO too far, potentially leading to stagflation.

13 Mar 2026 3:25 pm