This market has all your answers: Over the last 72 hours, the US bombed Iranian nuclear sites, Russia said countries are ready to supply Iran with nukes, and Iran's parliament voted to close the Strait of Hormuz. Yet, stock market futures are down a mere -0.5% at the open and oil prices are up less than +2.5%. This is NOT a market that is pricing-in a long-term conflict. In fact, if the market was pricing in JUST a closure of the Strait of Hormuz, oil prices would be at 120+. Objectively, the market is still expecting a short-lived war. Keep following the smart money.