Aurora Macro Strategies

Iran-U.S. War Update: Diminishing Off-Ramps as Energy Risks Escalate

March 19, 2026

GeopoliticsMENAUS

The Iran-U.S. conflict is losing off-ramps as energy infrastructure and shipping risks move closer to the center of the confrontation. Aurora explains why escalation control is getting harder and where market risk is most concentrated.

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Iran-U.S. War Update: Diminishing Off-Ramps as Energy Risks Escalate