CME Group Inc.
04/13/2026 | Press release | Distributed by Public on 04/13/2026 09:18
Oil spikes as Strait of Hormuz blockade looms.
Bob Iaccino breaks down the latest market reactions as peace talks stall, leading to a broader equities sell-off. Crude oil prices surge past $100 a barrel following reports of a U.S. Navy blockade in the Strait of Hormuz. Iaccino also previews the upcoming bank earnings season and highlights key economic data releases, including the U.S. Producer Price Index and scheduled remarks from central bank leaders.
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