How markets may be affecting US military action in Iran

How markets may be affecting US military action in Iran

From Swamp Notes by Financial Times

March 27, 2026 · 20 min

About this episode

The episode discusses the disconnect between Trump's statements and actions regarding Iran and how market dynamics influence this situation.

It’s hard to square US President Donald Trump’s circle. Earlier this week, he said his administration was speaking with Iranian officials. Stocks shot up, oil crashed. Then, Iran denied that talks were ongoing and the US ordered more troops to the Gulf. The FT’s foreign affairs correspondent Abigail Hauslohner and markets columnist Katie Martin explain the role markets play in why Trump’s messaging doesn’t align with his actions. Mentioned in this podcast: Iran’s military leaders dismiss Donald Trump’s deal claims Markets were not made for Trump’s never-ending ping-pong Sign up for the FT’s Swamp Notes newsletter here Swamp Notes is hosted by Marc Filippino and produced by Henry Larson. This week’s show was mixed by Kent Militzer. Our executive producer is Topher Forhecz and the FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.  The FT does not use generative AI to voice its podcasts. CREDIT: NBC News, CBS News Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Host: Marc Filippino

Guests: Abigail Hauslohner, Katie Martin

Topics covered

  • US military action
  • Iran
  • markets
  • politics
  • Donald Trump
  • foreign affairs

Keywords

  • US military
  • Iran
  • Donald Trump
  • markets
  • foreign affairs
  • oil prices
  • stocks

Mentioned in this episode

Organizations: Financial Times, NBC News, CBS News, Acast

Places: Iran, Gulf

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