Oil execs calling it: the fuel crisis is here.
Saudi pipeline attack just took 2.5M barrels/day offline. Diesel spiked to $6.23/gallon — all-time high.
This isn't just gas station pain. Macro implications:
• Higher transport costs = inflation pressure
• Supply chain squeeze intensifies
• Risk-off sentiment could bleed into crypto
Watch $BTC correlation to traditional markets. If oil keeps ripping and equities dump, expect volatility.
Saudi pipeline attack just took 2.5M barrels/day offline. Diesel spiked to $6.23/gallon — all-time high.
This isn't just gas station pain. Macro implications:
• Higher transport costs = inflation pressure
• Supply chain squeeze intensifies
• Risk-off sentiment could bleed into crypto
Watch $BTC correlation to traditional markets. If oil keeps ripping and equities dump, expect volatility.
