Possible scenario
Waiver Restores Flights
45% Chance
The most likely path is that the US waiver functions as a narrow carveout allowing Iraqi and Iranian carriers to resume scheduled routes without triggering dollar sanctions. Baghdad presents the outcome as a sovereignty-preserving compromise, while Washington keeps the broader sanctions framework intact.
Initial impacts
- Oil prices Down
Secondary impacts
- Consumer Services +0.1%
Portfolio impact
S&P 500+0.0%
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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