Did “TACO Trump” just permanently cede control of global energy markets to Iran, part II? episode artwork

EPISODE · Mar 24, 2026 · 7 MIN

Did “TACO Trump” just permanently cede control of global energy markets to Iran, part II?

from The Macro Minute with Darius Dale · host 42 Macro

Geopolitical tensions are beginning to reshape global energy markets, with Iran’s growing control over key shipping routes posing a structural inflation risk and forcing difficult policy tradeoffs. At the same time, signs of slowing global growth, rising illiquidity in private markets, and suspicious positioning activity highlight increasing fragility beneath the surface.

The Macro Minute is a daily morning podcast of what 42 Macro Founder & CEO Darius Dale is seeing in the overnight markets and where he\'s focused before the US stock market open.

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Did “TACO Trump” just permanently cede control of global energy markets to Iran, part II?

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This episode was published on March 24, 2026.

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Geopolitical tensions are beginning to reshape global energy markets, with Iran’s growing control over key shipping routes posing a structural inflation risk and forcing difficult policy tradeoffs. At the same time, signs of slowing global growth,...

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