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Iran 'Quickly Losing' Oil Leverage, Says Christopher Smart
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March 2, 2026
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7:43Now PlayingChristopher Smart, founder and managing partner of Arbroath Group and former Obama administration official, said that Iran is quickly losing its ability to leverage control of oil prices as a bargaining chip as strikes continue between the US, Israel and Iran in the Mideast. Smart does not see the war having a lasting, long-term impact on the US economy, saying that he expects the conflict to play out over 'days and weeks, not months and years.'
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