Iran's New Supreme Leader Said the Strait Stays Closed, Brent Crossed $100, and the S&P Hit Its Lowest Level Since November – Market Breakdown #195

S&P crashed 1.52% to 6,673, lowest since November. Brent settled above $100 for first time since 2022. WTI +9.7%. Khamenei Jr. vowed to keep Hormuz shut. IEA: largest disruption ever.

📊 THE MARKET BREAKDOWN

Satirical daily market intelligence for traders who think in systems, not headlines.

Issue #195 | March 12, 2026