Global Equities Plunge as Strait of Hormuz Blockade Ignites Oil Shock

The broader market experienced a violent repricing today as escalating geopolitical tensions in the Middle East and the closure of the Strait of Hormuz triggered a massive flight to safety. Surging global oil prices have ignited fears of a renewed inflation shock, prompting aggressive institutional de-risking across the technology and consumer sectors. While equity volatility exploded upward, corporate credit markets remained remarkably stable, suggesting this is currently a valuation adjustment rather than a systemic liquidity crisis.