London, April 13, 2026 (AFP) - Oil surges, stocks drop as Trump threatens to block Hormuz

NAMPA / AFP

2026-04-13

Oil prices surged and stock markets broadly fell Monday after US-Iran peace talks broke down and President Donald Trump announced a plan to block the strategic Strait of Hormuz, ratcheting up fears for Middle East energy supplies. The news dealt a blow to hopes for an end to the six-week conflict that has sent shivers through the global economy. The dollar, viewed as a safe-haven investment, climbed against major currencies Monday. "The stagflati......

Restricted content

Business & Finance News

Paris, France, April 13, 2026 (AFP) - War in the Middle East: latest developments

2026-04-13 15:00:50

PARIS, April 13, 2026 (BSW) - Press Release from Business Wire: International Flavors & Fragrances

2026-04-13 15:00:50

LOS ANGELES, April 13, 2026 (BSW) - Press Release from Business Wire: Xsolla

2026-04-13 15:00:50

LAS VEGAS, April 13, 2026 (BSW) - Press Release from Business Wire: Rimini Street, Inc.

2026-04-13 15:00:50

New York, April 13, 2026 (AFP) - Merger fees lift Goldman Sachs profits as it warns of volatility

2026-04-13 15:00:49

STAMFORD, April 13, 2026 (BSW) - Press Release from Business Wire: Philip Morris International

2026-04-13 14:30:51

BERLIN, April 13, 2026 (BSW) - Press Release from Business Wire: Klarna Group plc

2026-04-13 14:30:51

2026-04-13 14:00:26

Paris, France, April 13, 2026 (AFP) - France, UK to host summit on Hormuz this week

2026-04-13 14:00:26

Frankfurt, Germany, April 13, 2026 (AFP) - Lufthansa hit by fresh strike as pilots walk out

2026-04-13 14:00:26

Madrid, April 13, 2026 (AFP) - Iberia to suspend flights to Cuba amid US fuel blockade

2026-04-13 14:00:26

Latest NAMPA photos

WINDHOEK, 08 April 2026 - President Netumbo Nandi-Ndaitwah delivered the 2026 State of the Nation Address on Wednesday. (Photo: Contributed)

NAMPA

WINDHOEK, 08 April 2026 - President Netumbo Nandi-Ndaitwah delivered the 2026 State of the Nation Address on Wednesday. (Photo: Contributed)

NAMPA

WINDHOEK, 08 April 2026 - President Netumbo Nandi-Ndaitwah delivered the 2026 State of the Nation Address on Wednesday. (Photo: Contributed)

NAMPA

WINDHOEK, 08 April 2026 - President Netumbo Nandi-Ndaitwah delivered the 2026 State of the Nation Address on Wednesday. (Photo: Contributed)

NAMPA

SWAKOPMUND, 07 April 2026 - Namibia Revenue Agency (NamRA) Commissioner Sem Shivute and board chairperson Pieter Kruger photographed with Swakop Uranium Deputy Chief Financial Officer Pulani Maritz at the NamRA taxpayers/traders appreciation awards night. (Photo by: Isabel Bento) NAMPA

NAMPA

WINDHOEK, 08 April 2026 - Minister of Works and Transport, Veikko Nekundi, pictured at the groundbreaking ceremony for the NaTIS centre in Wanaheda. (Photo by: Molly Weyulu) NAMPA

NAMPA

WINDHOEK, 08 April 2026 - MTC's chief brand, marketing, communications and sustainability officer, Tim Ekandjo speaking at the opening of the second MTC Branding and Marketing Indaba in Windhoek on Wednesday. (Photo by: Chelva Wells) NAMPA

NAMPA

WINDHOEK, 08 April 2026 - The Minister of Information and Communication Technology, Emma Theofelus speaking at the opening of the second MTC Branding and Marketing Indaba in Windhoek on Wednesday. (Photo by: Chelva Wells) NAMPA

NAMPA