A.M. Update

S&P futures are down -1.15% and Nasdaq-100 are down -1.5%.  following this weekend’s developments. The conflict has now entered its third day, sending WTI Crude oil  +7.75% higher.  There are reports of attacks on oil infrastructure (e.g., Saudi Aramco refinery halted, QatarEnergy LNG production ceased), and the IRGC declaring the Strait of Hormuz closed to…