It’s not exactly a secret that war can have a debilitating, caustic effect on the economy.
So when Operation Epic Fury commenced over the weekend — which saw joint U.S. and Israeli forces successfully kill Ayatollah Ali Khamenei, as well as much of Tehran’s leadership infrastructure — it was only logical for people to assume that the markets would have a volatile and negative weekend.
According to The Wall Street Journal, those wringing their hands were only half right.
The Middle East conflict lifted oil, and stocks rebounded from early declines Monday, with investors saying hostilities, if brief, are unlikely to severely hurt the economy. https://t.co/ZdDhCivC3c
— The Wall Street Journal (@WSJ) March 2, 2026
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