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Investors brace for a 'long grind' as Iran war escalation dims hopes of an early end

CNBC · Jun 11, 2026, 5:13 AM · Also reported by 4 other sources

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  • As hostilities in the Middle East flare up again, investors are increasingly grappling with the possibility of a prolonged conflict and pricing in a "long grind."
  • Central Command struck Iranian military targets, drawing retaliation from Tehran, which attacked Gulf countries on Thursday.

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As hostilities in the Middle East flare up again, investors are increasingly grappling with the possibility of a prolonged conflict and pricing in a "long grind."

The latest escalation comes after U.S. Central Command struck Iranian military targets, drawing retaliation from Tehran, which attacked Gulf countries on Thursday.

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