Insights

Weekly Market Commentary – 13th March 2026

13 March 2026

This week the cost of Donald Trump’s Iranian adventures has become more apparent. In addition to the lives lost throughout the Middle East, the financial cost of the US attack on Iran is starting to filter through. Oil and gas prices have risen sharply and remain very volatile as Iran has identified where the US is most vulnerable. The selection of Mojtaba Khamenei as supreme leader makes Iran less likely to fold under the pressure of continued air strikes, so the duration of the conflict seems more likely to be determined by sentiment from the White House.