Kevin O’Leary urges Americans to stop panicking about Trump, oil and Iran. Prepare for 'huge' opportunities

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. The ongoing war in Iran and the subsequent closure of the Strait of Hormuz continues to rattle the global economy. As of March 31, the S&P 500 has lost roughly 5.7% year to date (1), while U.S. inflation expectations for 2026 have surged to 4.2%, up from 2.6% in 2025, according to a forecast by the Organization for Economic Cooperation and Development (2). However, entrepreneur Kevin O’Leary struck a contra ...