New Delhi, July 4 -- In times of trouble, investors usually flock to so-called traditional haven investments but the Iran war has put a question mark next to several of these former flights to safety-with only one old-school bolt-hole standing firm.

Gold, treasuries, the dollar, and utilities have been the market's go-to ports in a storm with bitcoin a more recent addition.

Since the U.S. launched its first attacks on Feb. 28 earlier this year, investors who took these well-worn paths may have been burned.

Gold is possibly the biggest disappointment. The price of the precious metal has dropped 21.2% since the war began, according to FactSet.

It's about oil and inflation. The unique mechanics of the conflict created market forces that ...