When it comes to the middle east, we've gone through these ups and downs seemingly endlessly, and long term impact to the rest of the world is limited.

I don't know if that is good or bad or just sad, but it seems like unless you're invested in some highly localized businesses, your risk is low.

No one cares about Iran, not even its neighbors. They have everything to gain from a regime change and eliminating a hostile neighbor. I highly doubt America will get involved since it is common knowledge that Trump is a coward (maybe a good thing) and his administration is toothless (ex: Russian policy).

If America has proved one thing since Trump was elected is that no country should worry about the USA, it is no longer a threat to evil and dictatorships, North Korea, Iran, Russia, etc all can sleep well knowing Trump and MAGA have their backs, the Markets know this and understand their will be disruptions.