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Post-Iran Winners: Oil, Energy, And Israel

Seeking Alpha
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⚡ Quantum Brief
Global equities plummeted in March 2026 after Iran’s late-February war outbreak triggered widespread market declines, with most ETFs posting sharp losses. Only five assets defied the downturn: bitcoin, energy stocks, oil, agricultural commodities, and Israel’s market—all outperforming amid geopolitical instability. Major non-U.S. economies suffered double-digit losses, including France, Germany, India, Italy, Japan, and Mexico, reflecting deep investor anxiety over escalating Middle East tensions. Traditional safe havens like gold and silver also collapsed, failing to attract capital despite the crisis, as traders favored energy and digital assets instead. The conflict reshaped market dynamics, with energy and Israel emerging as unexpected winners while broader equities and precious metals faced severe sell-offs.
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Bespoke Investment Group48.5K FollowersFollow5ShareSavePlay(4min)Comment(1)SummaryEquities around the world continue to take it on the chin this March, with month-to-date performance coinciding with the beginning of the start of the war in Iran.ETFs across asset classes are bleeding red this month with the exception of a few: bitcoin, the energy sector, oil and other energy/ag commodities, and Israel.Outside the US, country ETFs like France, Germany, India, Italy, Japan, and Mexico are all down 10%+ since the war, while gold and silver have also gotten pummeled. peshkov/iStock via Getty Images Equities around the world continue to take it on the chin this March, with month-to-date performance coinciding with the beginning of the start of the war in Iran over the last weekend of February. BelowThis article was written byBespoke Investment Group48.5K FollowersFollowBespoke Investment Group provides some of the most original content and intuitive thinking on the Street. Founded by Paul Hickey and Justin Walters, formerly of Birinyi Associates and creators of the acclaimed TickerSense blog, Bespoke offers multiple products that allow anyone, from institutions to the most modest investor, to gain the data and knowledge necessary to make intelligent and profitable investment decisions. Along with running their Think B.I.G. finance blog, Bespoke provides timely investment ideas through its Bespoke Premium (https://bespokepremium.com/) subscription service and also manages money (https://bespokepremium.com/mm) for high net worth individuals. Visit: Bespoke Investment Group (https://bespokeinvest.com/)

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