Oil rose almost 4% today, and this time the trigger was in Saudi Arabia, not in Iran.

This weekend, there was an attack on a Saudi pipeline, along with reports of attacks on homes and a mosque in the region. Brent crude has already racked up a gain of more than 11% in just five days.

This expands the scope of the conflict we’ve been tracking—it's no longer just tension between the U.S. and Iran; now Saudi Arabia is also at the center of energy-market volatility.

For crypto, the pattern repeats: more inflation pressure from expensive energy, right when the market is already giving the Fed a nearly 90% chance of raising rates tomorrow or the day after.

How much longer can the market withstand this mix of war + inflation + high rates? 👇

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