Stocks Plummet as Houthi Missiles Spike Oil Prices

Australia's stock market felt the burn after some Houthi missiles decided to crash the oil party in Saudi Arabia! With 4% of the world's oil supply in jeopardy, petrol prices shot up to six-month highs, leaving wallets a bit lighter. Investors are now on high alert, worrying about rising interest rates thanks to this geopolitical rollercoaster.