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Columbia Business School’s Professor Brett House spoke with Business Insider about how the war in Iran could impact the broader economy, with particular concern for vulnerabilities in the private credit market. House explained that the sector already faces structural weaknesses such as limited transparency and uneven pricing, which could be exacerbated by geopolitical shocks, rising oil prices, and tightening financial conditions. His insights highlight how the conflict may amplify existing financial risks and create additional pressure across credit markets and the global economy.
