(The Yemeni card and its cataclysmic implications)

I have to tell you why the assessments regarding projected energy prices and the economic consequences of the war on Iran, made by every expert and financial institution in the world are way, way off and don't even begin to capture the coming tsunami.

You see, Saudi Arabia has been able to move close to 4 million barrels of oil per day (out of roughly 9.5 million daily barrels it produces) through the Red Sea. Right now, as I understand it, a huge fleet of tankers is waiting to be loaded at SA's Yanbu port (somewhere halfway between Jeddah and Madinah on this map).

This alternative route has been a big cushion absorbing much of the shock caused by the closure of the Strait of Hormuz. And every calculation and projection that we've seen assumes this route stays open.

Well.

You see where Yemen is situated? Once it enters the war and blows up some ships in the Red Sea, then you'll see what happens to oil prices globally. Then the carnage will begin.

It won't be $150-200, but more like $300-400 a barrel. A death sentence for a great number of West-aligned economies.

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Yemen will be the wild card that sinks the global economy, ignites the financial collapse of 2026 and potentially begins the end of Saudi Arabia as we know it.

And it is coming.