Franklin Templeton CEO Says Iran War Unlikely to Last Long

Franklin Templeton Chief Executive Officer Jenny Johnson said the US-Iran conflict is unlikely to go beyond around five weeks in the absence of major retaliation within the region.Author of the article:You can save this article by registering for free here. Or sign-in if you have an account.(Bloomberg) — Franklin Templeton Chief Executive Officer Jenny Johnson said the US-Iran conflict is unlikely to go beyond around five weeks in the absence of major retaliation within the region. Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.“As long as the rest of the Middle East doesn’t retaliate, this is probably a four to five week event,” she said at The Australian Financial Review Business Summit in Sydney on Tuesday. While there are “a lot of moving parts” to the conflict, the likelihood is that it “is actually a shorter-term” event, Johnson said. The US has sent conflicting messages about how long a war with Iran might last, with Israel launching new airstrikes on Monday.

The Islamic Republic continued to fire missiles around the Middle East in response to the US-Israeli attack, which killed Supreme Leader Ayatollah Ali Khamenei over the weekend and has upended energy markets. Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Johnson did note that markets had been surprised by the duration of the Russia-Ukraine conflict. Meanwhile, as inflation re-emerges as a key worry in the $30 trillion Treasuries market, some investors see the risk of a protracted conflict keeping crude prices elevated.“This shock only makes it harder” for policymakers, she said, adding that the trend for the Federal Reserve’s key interest rate remains lower. Reserve Bank of Australia Governor Michele Bullock told the summit earlier that its rate-setting board is “very alert” to the conflict’s potential implications. Bullock’s remarks were some of the first by a global central bank chief since the strikes on Iran began. Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.365 Bloor Street East, Toronto, Ontario, M4W 3L4© 2026 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited.This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.You can manage saved articles in your account.and save up to 100 articles!You can manage your saved articles in your account and clicking the X located at the bottom right of the article.