Trump orders the blockade of the Strait of Hormuz, leading to rising crude oil prices, falling U.S. stock futures, and a strengthening dollar. The escalation of the situation disappoints investors, risk aversion sentiment rises again, and the market focuses on the upcoming first-quarter earnings reports.

MeNews

2026-04-21 20:56:03

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ME News Report, April 13 (UTC+8), due to Trump’s order to impose a blockade on the Strait of Hormuz, crude oil prices surged, U.S. stock index futures declined, and the dollar strengthened. This escalation occurred after the U.S. and Iran failed to reach an agreement during negotiations in Pakistan, potentially disappointing investors. Elias Haddad, Global Market Strategist at Brown Brothers Harriman Bank, stated that this move is sure to reignite risk aversion sentiment this week. Investors are focused on the upcoming first-quarter earnings season, expecting corporate leadership to share their views on the increasing risks. (Source: ChainCatcher)

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Earnings season intertwined with geopolitical crises, the market reignites risk-averse sentiment

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