Zortix matched this thesis to China ETFs as one way for retail investors to get exposure. Not a recommendation.

Iran strategy likely to de-escalate, not expand

The analysis argued that U.S. military escalation against Iran is unlikely, as military goals are largely met and Gulf state pressure will lead to a focus on (likely ineffective) economic sanctions instead.

Thoughtful Money'shead of macro strategy at Academy Securitieson Thoughtful Money