Headlines
Bloomberg MarketsHormuz Blockade Is a US-Iran 'Game of Chicken': RoubiniBloomberg MarketsLufthansa Two-Day Pilot Strike Set to Cancel Hundreds of FlightsBloomberg MarketsState Street Advises Further De-Risking Amid Inflation ThreatBloomberg MarketsOil, Gas Surge as Trump Orders Hormuz Blockade & Hungary's Orbán Ousted| Daybreak Europe 4/13/2026Bloomberg MarketsWise on Track for Nasdaq Listing Next Month as Income Jumps 24%Financial TimesHungary’s Orbán concedes defeat as opposition secures landslide winBloomberg MarketsLebanon Min of Industry: War Imposed by HezbollahBloomberg MarketsTraders Run For Cover as US Prepares Hormuz Blockade | The China Show 4/13/2026Bloomberg MarketsDolce & Gabbana Names Ex-Gucci Boss Cantino as Co-CEOBloomberg MarketsInsight with Haslinda Amin 04/13/2026Financial TimesOil prices soar above $100 a barrel as hope fades of end to Iran warBloomberg MarketsFTSE 100 Falls After US-Iran Talks CollapseBloomberg MarketsOil Surges, Stocks Drop on Trump’s Plan to Block HormuzBloomberg MarketsWestern Australia Mulls Own Diesel Reserve After War DisruptionsBloomberg MarketsSaudi Oil Sales to China to Halve as Hormuz Crisis Lifts PricesBloomberg MarketsHormuz Blockade Is a US-Iran 'Game of Chicken': RoubiniBloomberg MarketsLufthansa Two-Day Pilot Strike Set to Cancel Hundreds of FlightsBloomberg MarketsState Street Advises Further De-Risking Amid Inflation ThreatBloomberg MarketsOil, Gas Surge as Trump Orders Hormuz Blockade & Hungary's Orbán Ousted| Daybreak Europe 4/13/2026Bloomberg MarketsWise on Track for Nasdaq Listing Next Month as Income Jumps 24%Financial TimesHungary’s Orbán concedes defeat as opposition secures landslide winBloomberg MarketsLebanon Min of Industry: War Imposed by HezbollahBloomberg MarketsTraders Run For Cover as US Prepares Hormuz Blockade | The China Show 4/13/2026Bloomberg MarketsDolce & Gabbana Names Ex-Gucci Boss Cantino as Co-CEOBloomberg MarketsInsight with Haslinda Amin 04/13/2026Financial TimesOil prices soar above $100 a barrel as hope fades of end to Iran warBloomberg MarketsFTSE 100 Falls After US-Iran Talks CollapseBloomberg MarketsOil Surges, Stocks Drop on Trump’s Plan to Block HormuzBloomberg MarketsWestern Australia Mulls Own Diesel Reserve After War DisruptionsBloomberg MarketsSaudi Oil Sales to China to Halve as Hormuz Crisis Lifts Prices
Home/Bloomberg Markets
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Bloomberg Marketsglobal

Oil Surges, Stocks Drop on Trump’s Plan to Block Hormuz

Bloomberg Markets
Monday, April 13, 2026 at 5:45 AM
~4 min read
Fixed IncomeEquitiesEnergy

Original Report

Oil surged while stocks and bonds fell after President Donald Trump ordered a blockade of the Strait of Hormuz, escalating tensions with Iran after weekend peace talks collapsed. (Source: Bloomberg)

Glass House Analysis

Treasury market movements signal how investors view America's fiscal health and economic trajectory. Rising yields mean the government pays more to borrow, which eventually shows up in taxes or reduced services. For average Americans, this translates to higher mortgage rates, more expensive business loans, and a general tightening of financial conditions that makes everything from buying a home to starting a business more challenging.

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%