Oil Rises Back Above $100/Barrel as Trump Threatens to Blockade Hormuz | Bloomberg Brief 4/13/2026
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US equity futures slide as oil rises above $100 a barrel once again as President Trump vows to blockade the Strait of Hormuz at 10 AM Eastern today. Bank earnings kick off with Goldman Sachs set to report before the bell. Ella Gude of BNY Investments Newton discusses the upcoming risks if the blockade does occur. (Source: Bloomberg)





