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CNBC’s Jim Cramer said the oil market may be signaling the war with Iran won’t cause prolonged disruptions to global crude supply — a dynamic that could help lift stocks beyond Wednesday’s rally.

“The oil market always seems to know everything,” Cramer said on “Mad Money,” pointing to a decline in major energy stocks as oil futures had by far their most tame session of the week.

Shares of Exxon Mobil

closed down 1.3% Wednesday, while ConocoPhillips