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Can markets ignore Iran war risk? Fmr Defense Secretary weighs in

Can markets ignore Iran war risk? Fmr Defense Secretary weighs in

AI Briefing

  • Mark Esper says markets are ignoring the Iran war risk, but he believes the US is 'not done' with Iran.
  • Esper predicts a long-term escalation of the conflict, with a potential fifth wave of attacks on US interests.
  • The former Defense Secretary says the US needs to be prepared for a 'very different' Iran than the one it knew before the 1979 revolution.
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