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If the US and Iran continue fighting like this, what will prices surge on?
From an investment perspective, things that are likely to rise include these main categories:
1. Oil
2. Gold and silver (recently depressed, bullish long-term)
3. Chemical products chain
Because oil is the lifeblood of industry. After oil prices rise, it will transmit throughout the entire chemical chain: methanol, polyethylene, propylene, plastic raw materials, and many manufacturing costs will be pushed higher.
4. Natural gas and fertilizers
Iran is the world's largest fertilizer exporter, and relevant stocks in the US market have already surged.
5. Shipping and logistics
Shipping routes are rerouted, logistics times are extended, and uncertainty factors increase—all hidden dangers brought by war.
6. Agricultural products
For example, Iran is the world's largest exporter of pistachios. Agricultural supply chains are completely disrupted, and fertilizer supply chains are also broken, which will bring indirect price increases.
Additionally, there's a historical phenomenon: during wartime, capital markets experience severe volatility. But after wars end, US stocks typically surge significantly.