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Crude Crisis Triggers Bond Bloodbath, Bullion Rout, Stock Selloff

Source: zerohedge.com

Oil spiked to $120 on Hormuz closure fears, but governments dumped reserves to cap the surge.
Hawkish signals crushed bonds and battered gold in its worst drop in 43 years.
Stocks tanked as energy shock fuels inflation panic and recession bets.

Middle East war slams the Strait of Hormuz, sending crude prices parabolic and rippling chaos through bonds, gold, and equities. Traders freak over supply shocks while policymakers scramble with reserve releases. This exposes how one chokepoint can kneecap global markets overnight.