With the ongoing Black Rock drama and the absolutely horrible jobs report, will send stocks spiraling tomorrow morning. May even hit a breaker or two.
Panic driven bank runs and gas lines are likely not far behind if this gets out of control and let's be honest here, this administration is not up to the task of calming the nation in the face of crisis.

In fact they are more likely to make things worse.

Unlike then the US is now the largest producer in the world

In Corpus Christi? They are the largest refiner and port for oil in the US I believe. Problem is that they have ignored the water issues for years and now it's all but gone and there is no way to recover it. You can build desalinization plants but that takes time. They have a maybe a couple of months before significant restrictions have to implemented and barring significant rainfall, out of water completely either before or just into next year and will have to abandon the city.
The national and worldwide implications are staggering.

Futures markets are likely just starting to factor that in.

Reference: https://www.houstonchronicle.com/news/article/corpus-christi-collapse-of-water-supply-21963019.php

Sure it is. That's what the Cuban invasion is for! Once there's boots on the ground in Havana we'll forget about:

The Trump-Epstein Files
The coverups, The growing allegations, not to mention the rape

Cabinet Craparella
Noem, Bondi, Chavez DeRemer, Lutnick, RFUK JR.,

Corruption
Perk-hungry staff and cabinet, profiting from the presidency, halting investigations of appointees

Economy
Breeching the surface of the toilet water

Domestic Policy
Executions of citizens on the street by the emotionally unfit who are trained to break the law

Foreign Policy
What's that?

The next invasion will make us forget all that.

Every day the Straits of Hormuz is closed, the price will continue up. Without that cool, the world economy is going to take a terrible hit.

$8 US gasoline is only a couple weeks away.

Stations typically wait to see if RBOB is just having a momentary spike, or if it is instead a long-term increase.

Locally in Northern VIrginia, Gasbuddy suggests the typical lowest price for regular is 3.199 (A few spots are reported lower, but some of that is not the most current data).

[link:https://gasprices.aaa.com/state-gas-price-averages/|

it was at 3.70/gallon FWIW

where I am in Philly and going north 5 miles into the 'burbs. Further out was down to $3.09.

IIRC here in PA, they can only change the prices once a week, so I expect the next update to be exhorbitant.