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CNBC’s Jim Cramer is warning against trying to ignore the Iran war because rising oil prices could eventually overwhelm even the best stock ideas.

“The war cannot be ring-fenced, no matter what we do. I don’t want to sugarcoat it. We can’t avoid this issue,” Cramer said on “Mad Money” on Wednesday evening. “People are trying to dismiss the impact of the war, or they’re trying to see through it, see past it until it’s over.”

That may be why the market was not down more on Wednesday. The S&P 500