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 20:09:03

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ME News message: On April 13 (UTC+8), after Trump ordered a blockade of the Strait of Hormuz, crude oil prices surged, U.S. stock index futures fell, and the U.S. dollar strengthened. This escalation occurred after the U.S. and Iran failed to reach an agreement in negotiations in Pakistan, which may disappoint investors. Elias Haddad, Head of Global Market Strategy at Brown Brothers Harriman Bank, said this move will inevitably reignite risk-averse sentiment again this week. Investors are watching the upcoming first-quarter earnings season and expect corporate leadership to share their views on the rising risks. (Source: ChainCatcher)

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

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