Headlines
Financial TimesAI has opened up big holes in cyber securityFinancial TimesNearly 14,000 crypto holders face security risk after data breachBloomberg MarketsSecond Supertanker Seen Loading at Saudi Oil Hub in Persian GulfBloomberg MarketsHousing Crisis Fuels Surge in Mortgage Muni Bond SecuritizationsBloomberg MarketsFintech Chime Explores Stablecoins as New Feature on Its AppBloomberg MarketsOil’s Rally Stalls as Hormuz Deadlock Brings Flows Into FocusFinancial TimesDonald Trump enlists corporate America in fight against cyber crimeBloomberg MarketsThousands of Lawyers and Bankers Predicted To Leave LondonBloomberg MarketsTapestry Beats Earnings but Faces Investor Disappointment Amid High ExpectationsBloomberg MarketsContainer Shipping Companies Navigate Route ChallengesFinancial TimesUS accuses more than 40 countries of helping China avoid Trump’s tariffsBloomberg MarketsGoldman $2.25 Billion Neos Deal Raises Stakes in Active-ETF RaceBloomberg MarketsWhy Private Funds Make Ann Berry NervousBloomberg MarketsIndia Urea Offers Decline 12% as War Supply Squeeze EasesBloomberg MarketsBloomberg Surveillance 8/13/2026Financial TimesAI has opened up big holes in cyber securityFinancial TimesNearly 14,000 crypto holders face security risk after data breachBloomberg MarketsSecond Supertanker Seen Loading at Saudi Oil Hub in Persian GulfBloomberg MarketsHousing Crisis Fuels Surge in Mortgage Muni Bond SecuritizationsBloomberg MarketsFintech Chime Explores Stablecoins as New Feature on Its AppBloomberg MarketsOil’s Rally Stalls as Hormuz Deadlock Brings Flows Into FocusFinancial TimesDonald Trump enlists corporate America in fight against cyber crimeBloomberg MarketsThousands of Lawyers and Bankers Predicted To Leave LondonBloomberg MarketsTapestry Beats Earnings but Faces Investor Disappointment Amid High ExpectationsBloomberg MarketsContainer Shipping Companies Navigate Route ChallengesFinancial TimesUS accuses more than 40 countries of helping China avoid Trump’s tariffsBloomberg MarketsGoldman $2.25 Billion Neos Deal Raises Stakes in Active-ETF RaceBloomberg MarketsWhy Private Funds Make Ann Berry NervousBloomberg MarketsIndia Urea Offers Decline 12% as War Supply Squeeze EasesBloomberg MarketsBloomberg Surveillance 8/13/2026
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’s Rally Stalls as Hormuz Deadlock Brings Flows Into Focus

Bloomberg Markets
Thursday, August 13, 2026 at 4:37 PM
~4 min read
BankingTradeEnergy

Original Report

Oil snapped its run of recent gains, as limited progress over a deal to end the Iran war left traders parsing how much oil is crossing the Strait of Hormuz. Francisco Blanch, Head: Commodities &...

Oil snapped its run of recent gains, as limited progress over a deal to end the Iran war left traders parsing how much oil is crossing the Strait of Hormuz. Francisco Blanch, Head: Commodities & Derivatives Research at Bank of America, discusses the global energy crunch and commodity outlook. (Source: Bloomberg)

Glass House Analysis

This development in the banking sector reflects broader tensions between regulatory pressure and financial industry practices. The banking system serves as the circulatory system of the economy; any disruption ripples through to small businesses, homebuyers, and everyday consumers who depend on credit access.

International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.

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%