The pipeline's destroyed, the diplomatic talks collapsed, and Hormuz is barely moving. The 10-year just hit 5%. It's a lot for one Monday.

Saudi Arabia woke up Monday with no working land route for its oil and no backup diplomatic deal in sight. The rest of the world is still catching up to what that means.

🛢️ Saudi Arabia's oil exit is gone. Both of them.

Today on The Open Bell:

Saudi Arabia's East-West pipeline, the only route that lets the country move seven million barrels a day without sailing past Iran, is confirmed gone end-to-end, Brent crude is through $107, and the one "backup plan" the world oil market has always counted on turns out to be the very chokepoint that's now the threat.

The 10-year Treasury yield, the single interest rate that quietly sets the price of mortgages, car loans, and corporate borrowing across the entire U.S. economy, just crossed 5% for the first time since 2023, and with oil driving inflation back up before the Fed has finished the job, the people saying rates come down soon are running out of reasons.

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Not investment advice. For informational purposes only.

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Chapters:
00:00 Introduction
00:11 Saudi East-West Pipeline Confirmed Destroyed; Brent Surges P
03:08 10-Year Treasury Yield Tops 5% for First Time Since 2023
05:47 Closing thoughts

Saudi Arabia's East-West pipeline, the only route that lets the country move seven million barrels a day without sailing past Iran, is confirmed gone end-to-end, Brent crude is through $107, and the one "backup plan" the world oil market has always counted on turns out to be the very chokepoint that's now the threat.

🛢️ Saudi Arabia's oil exit is gone. Both of them.

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