2026-04-10 06:43:45
Jefferies: The U.S. is likely to be the party with the least economic damage from a potential Middle East conflict, while Russia is the geopolitical winner
Jefferies’ economists report that the Middle East conflict affects all parties. The United States is the least affected, due to oil and gas price increases, Russia is the winner, and Iran may lift sanctions. The main losers are the Gulf states and Asia, which relies on Middle East oil and gas, while Europe has lost ground geopolitically.