Franklin Templeton CEO Says Iran War Unlikely to Last Long

Franklin Templeton Chief Executive Officer Jenny Johnson said the US-Iran conflict is unlikely to go beyond around five weeks in the absence of major retaliation within the region.

“As long as the rest of the Middle East doesn’t retaliate, this is probably a four to five week event,” she said at The Australian Financial Review Business Summit in Sydney on Tuesday. While there are “a lot of moving parts” to the conflict, the likelihood is that it “is actually a shorter-term” event, Johnson said.