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After lying dormant for years, the threat of war has again become a source of consternation for millions of Americans after last week’s air strike in Baghdad sparked widespread fears over a possible conflict between the U.S. and Iran. Yet the threat of military conflict involving the U.S. and Iran will give a much-needed boost to commodities prices, regardless of whether or not war actually happens. Here I'll make the bullish case for crude oil and other inflation-sensitive commodities in light of the latest tensions in the Middle East.