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Howard Marks' Lesson for Wartime Markets: Brent Above $91 and the UAE's Break With Iran, Explained for Tehran's Bourse (Wednesday, August 19, 2026)

Sahmino editorial· 19 August· Short· 01:17

On Wednesday, August 19, 2026, with Brent above $91 and world gold at a fresh record of $4,355, the UAE suspended all trade and financial ties with Iran. Howard Marks' advice for days like this is clear: you cannot predict a war, but you can prepare for what it does to Tehran's bourse. This Sahmino report maps the channels and three scenarios ahead.

Sources

  1. Donya-e-EqtesadArchive photo · Source: دنیای اقتصاد (Donya-e-Eqtesad)Cited Aug 19, 2026
  2. Mehr News Agency · Mehr News AgencyArchive photo · Source: Mehr NewsCited Aug 19, 2026

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