S&P 500 ▼ 7,498.96 · Brent ▲ $96.15 · Gold ▼ $4,130.10 · VIX ▼ 16.6 · 10Y UST ▲ 4.66%
Both of Saudi Arabia’s oil export corridors are blocked for the first time in the kingdom’s history. The Houthis declared a maritime embargo on Red Sea shipments through Bab el-Mandeb on Monday, shutting the relief valve that kept global markets supplied after the Strai…