The unusually powerful US and Russian naval buildups in the waters around Syria and Iran. Washington sought in late November to give the impression that the George H.W. Bush Carrier Strike Group was anchored off Marseilles, when it was spotted in the eastern Mediterranean opposite Syria.
Moscowthen rushed to Syria's defense by airlifting 72 anti-ship Yakhont missiles (Western-coded SSN-26) to Damascus. These water-skimming weapons can hit naval targets at a distance of 300 kilometers.
After that the Bush, whose freedom to approach Syrian or Lebanese shores, had been curtailed by the new weapon reaching Syria, departed to an unknown destination, while the USS Carl Vinson strike group took up position opposite Iran.
Moscowis also playing hide and seek with its only air carrier Admiral Kuznetsov. It was announced that the vessel would set sail for the Mediterranean on Dec. 6. But on Nov. 25, it was sighted passing Malta and chugging past Cyprus four days later on its way to join the flotilla of three Russian guided missile destroyers already anchored off Syria.
Neither the United States nor Russia would have concentrated two powerful fleets in the proximity of Syria and Iran unless they were certain a military conflagration was imminent. While any of the prime movers, Washington, Moscow, Tehran, Israel or Bashar Assad, may at the last moment step back from the brink of a regional war, at the moment, there is no sign of this happening.
Yo getting High regional events like the one you are refering to have happened many times in the last 70 years and have had different consequences. Look up the DJIA on December 6 1941 (Pearl Harbor). Skip on over to VE day and VJ day in 1945. Then move on to Chicoms invading S. Korea in 1950. Ok move on to the Cuban missle crisis in 1962. Vietnam. And of course what you are alluding to the 7-day war in 1967 and the Yom Kippur war in 1973. All of which bring me to your point. Nobody knows what would happen to world markets or oil price. So if you are saying that it would benefit anyone should there be a war in the mid-east soon (not to mention nukes) the financial world today is not prepared for anything of the sort. And I happen to agree that because of the weak political positions of the day it is causing things to appear very paranoid. My experience is from history is that when things get resolved before things get out of hand the better for all of us. JMHO