1️⃣ Oil = Global Cost Anchor

Oil price rises → transportation, manufacturing, inflation all increase
Corporate profits compressed, consumption compressed, economy naturally cools
2️⃣ High Oil Price = Central Banks Less Likely to Cut Rates
Inflation can't be controlled, interest rates won't come down
Liquidity tightens, puts pressure on risk assets
3️⃣ Direct Market Impact
US Stocks → Under pressure
Crypto → Short-term decline (liquidity tightening)
Gold → Benefits instead