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Oil Rises as Trump Threatens to Blockade Hormuz; Bank Earnings Kick Off | Bloomberg Brief 4/13/2026

DeFi Daily News by DeFi Daily News
April 13, 2026
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Oil Rises as Trump Threatens to Blockade Hormuz; Bank Earnings Kick Off | Bloomberg Brief 4/13/2026
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Global stocks and bonds slide as oil rallies back above $100 a barrel as President Trump vows to blockade the Strait of Hormuz and Iran warns that ports in and around the Persian Gulf will not be safe. Goldman Sachs set to kick off bank earnings. Ella Gude of BNY Investments Newton sees pressure for yields to persist.

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Tags: Alex LongleyBankBank of JapanblockadeBloombergBNY Mellon NAcharlie wellsChina GovernmentChloe MeleyDiorDonald TrumpEarningsElla HoxhaGeopoliticsGoldman SachsHormuzHungary Governmentiran conflictJoumanna BercetcheKazuo UedaKickLaura DavisonLVMHmatt millermiddle eastOiloil marketsoliver crookOPECPope Leo XIVrisesStock market newsStock Market OutlookStrait of HormuzThreatensTom MetcalfToto LtdTrumpU.S. existing home salesUS blockadeViktor OrbanWill Kennedy
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Could take months for U.S. blockade of Iran’s ports to work, says Evercore’s Altman

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