Real Chance of Prolonged Iran Conflict: UBS Analyst

UBS Global Wealth Management CIO Dominic Schnider warned that markets may be complacent about the risk of a prolonged conflict involving Iran and the attendant threat to global energy security. He flagged upside risk to energy prices and increased market volatility, suggesting investors may need to consider risk-off positioning for portfolios exposed to oil supply disruptions.

Analysis

UBS Global Wealth Management CIO Dominic Schnider warned that markets may be complacent about the risk of a prolonged conflict involving Iran and the attendant threat to global energy security. He flagged upside risk to energy prices and increased market volatility, suggesting investors may need to consider risk-off positioning for portfolios exposed to oil supply disruptions.