Investing.com -- The evolving conflict with Iran is keeping markets on edge, and Citi analyst Scott Chronert said in a note this week that investors should look to historical precedent for clues. To frame the current moment, Citi drew parallels to the 2011 Libya intervention. However, Citi emphasised that other macro shocks ultimately shaped 2011 market performance, with the S&P 500 finishing the year essentially flat, underpinned by 12% earnings growth. The key takeaway, according to Citi, is to “be prepared for unintended consequences of the Iran conflict,” including potential pressure from higher oil, inflation effects and economic headwinds. Still, Chronert said the U.S. market “may be a relative safe haven as oil prices trend higher.”Related articlesLibya 2011 offers playbook for S&P 500 in Iran conflict: CitiBuy the dip in this AI chipmaker, HSBC saysBofA upgrades Unity as stock price has baked in much of downside risks

Source: Libya Today March 04, 2026 12:28 UTC