Futures Slide But Off Session Lows As Oil Spikes Above $100 Ahead Of Trump's 10am Hormuz Blockade
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Source: Zero Hedge
Published: 2026-04-13 22:23 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Energy, Economy & Finance, Financial Markets, Commodities, World News, US Politics, Business & Economy
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Snippet:
Stock futures are lower, but off their worst levels of the session, as Brent crude surged 7% to over $102 after Trump ordered a blockade of the Strait of Hormuz to take place at 10am ET. The moves look relatively contained given the breakdown of US-Iran talks, with strategists saying this is a moment to buy the dip.
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