Part of those variables is whether or not stocks follow. If oil futures spike,
would oil stocks also spike? Maybe. Maybe not.

previous answer is good, define conflict. does it spread? is it isolated to just
that. conflict with WHO. japan? USA? a conflict with Canada? lol

this is why no one can tell you what will happen. too many variables. this is
what makes predicting the future with much accuracy very tough.

Define the word 'conflict' . . . for the US is already placing intercept
missiles in Hawaii and we 'are' monitoring the North Korean flagged ship
believed to be carrying weaponry.

Otherwise, with the current administration's ability and desire to talk with
anyone at anytime, we are not close to any 'real' threat which could squeeze oil
prices a tad bit higher temporarily.

More of consequence will be the scheduled sale of 100 billion dollars worth of
Treasuries next week and additional sales of Treasuries in the weeks to come.

oil would move higher ,steel not so much. but oil would drag the rest of the
commodite sector wit it .oil usualy gets the most pop out of conflicts or
disasters.