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The middle east just got even hotter, with Yemen's Houthis vowing revenge following Israeli airstrikes on the port of Hodeidah and Yemen's oil refining infrastructure. Saudi Araba is getting nervous, given their history with Yemen and the new longer arrange attacks the Houthis seem capable of.
In march the Houthis threatened to attack Saudi oil infrastructure, and if they make good on that threat now it could throw a major wrench in the gears of the US Economy and even Federal Reserve monetary policy.
Should such an escalation take place, energy correlated assets and safe havens like gold & silver will be one of the few bright spots in the global economy crisis that follows.
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