Never mind the ‘yeah buts’ – here’s why the Gulf war won’t mess up the Irish economy

We have nothing to fear from the US-Iran war but fear itself. Yeah, but…

The view from Muscat, Oman, as bulk carriers and tankers sit at anchor. Photo: Reuters

My April column, on why the Iran war won’t hurt economies or spike oil prices for long, unleashed many “Yeah, but” reactions.

“Yeah, but what if peace talks fail?” “Yeah, but won’t the Tehran tollbooth raise oil prices?” “Yeah, but won’t inflation skyrocket?”