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Roubini: Trump May Escalate Iran Conflict Amid Stagflation Risks

3/28/2026

32 4 Full Breakdown

Summary

Story summary

Economist Nouriel Roubini says U.S. President Donald Trump is likely to escalate the war with Iran.
Speaking at the Ambrosetti Forum in Italy, he says a failure to escalate could damage Trump's credibility ahead of upcoming elections.
Roubini warns of stagflation reminiscent of the 1970s if the conflict continues.
Trump has extended a pause on energy facility attacks until April 6 to facilitate peace talks.

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Story summary

Economist Nouriel Roubini says U.S. President Donald Trump is likely to escalate the war with Iran.
Speaking at the Ambrosetti Forum in Italy, he says a failure to escalate could damage Trump's credibility ahead of upcoming elections.
Roubini warns of stagflation reminiscent of the 1970s if the conflict continues.
Trump has extended a pause on energy facility attacks until April 6 to facilitate peace talks.