It's Sunday night and the much-hoped for de-escalation has not happened.

This has triggered an explosive move higher in WTI...

...topping $110 for the first time since June 2022... (Goldman nailed that call)

US equity futures have dramatically 'broken the box'...

Treasury yields are up 5bps, recoupling modestly from Friday's 'weak jobs decoupling'...

Gold is down, the dollar up, and crypto ugly.

For all the color you can eat on Iran-related market angst, the following posts should help:

'Everything You Knew About The Market Flipped This Week': Top Goldman Trader 

Goldman Flows Guru Warns Relatively Calm Index Belies 'Fragile' Market With 'Poor Tolerance For Bad News'

Hartnett: US Politics Dictate March De-escalation To Iran War

'10 Sigma': Goldman's Hedge Fund Honcho 'Level Sets' After Extraordinary Week

Goldman Panics, Expects Oil To Hit $100 Next Week And Reach "Demand Destruction" Levels