Possible scenario
Negotiated De-Escalation
27% Chance
Iran uses the toll regime as leverage rather than a permanent end state, and intermediaries press for a pause before the crisis triggers direct US-Iran conflict. A temporary accord is plausible because Iran is already extracting concessions and Gulf producers need insurable shipping routes restored.
Initial impacts
- Riskier companies' borrowing costs Down
- Market volatility Down
- 10-year Treasury yield Up
- Oil prices Down
- US dollar Down
Secondary impacts
- Energy -3.0%
- Industrials
Portfolio impact
S&P 500+2.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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