RE:Could get crazy soon.It's quite plausible. Israel takes out Iran's nuclear facilities and Iran responds by blocking the Straits of Hormuz which are NOT international waters.They belong to Iran and Oman. The US moves to open them and Russia jumps into the fray backing Iran plus Putin would love to sell oil at multiples higher. Meanwhile nobody knows where to invest their money in the face of so much uncertainty so they sell equities in a flight to safety. Inflation goes crazy, interest rates go ballistic and maybe some missiles too.