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John Authers, Columnist

For Markets, the Israel-Iran War Is Already Over

Risks to the oil price and global economy appear likely to stay contained.

Aftermath of a strike on Iran’s state TV broadcaster.

Source: Getty

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International markets appear to have convinced themselves that the latest conflagration in the Middle East can be looked through as easily as all the region’s other flare-ups of the last decade. Are they right to do so?