Strike on Saudi East-West Pipeline (Yanbu): Oil Higher, Yields Higher, Tech Hedges Burnt

This is a good example of what I was talking about yesterday. How do you hedge AI risk (CoreWeave down -11.4%) as we saw earlier, when inflation is Hotter than Hot and it’s driven by Energy prices, which are not settled? U.S. officials confirmed that Saudi Aramco’s East-West Pipeline sustained significant damage in a drone…