How Iran War Might Reshape Proxy Contests This Year

Escalating hostilities in the Middle East have injected a new layer of geopolitical risk into already fragile capital markets. The effects of oil price volatility, supply chain disruption, cyberthreats and heightened regulatory scrutiny are rippling across industries.

As with tariffs last year, geopolitical shocks do not affect only a company's operating performance; they also directly alter the risk calculus for shareholder activists. While the ultimate geopolitical trajectory remains uncertain, the immediate question for corporate America is more tactical: Will the Iran war affect proxy contests this season?