The naval blockade of Iran's seaports begins - ships will not be allowed to leave or arrive at the ports, Journalist Stein reports

The naval blockade of Iran's seaports marks a significant escalation in geopolitical tensions, which could disrupt oil supplies and drive prices higher.

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Newsquawk European Market Wrap - 13th April 2026

[MARKET UPDATE] Risk-on seen across markets following NY Post reporter tweet with Brent briefly slipping below USD 100/bbl, bonds, equity futures and high-beta FX bid

The naval blockade of Iran's seaports begins - ships will not be allowed to leave or arrive at the ports, Journalist Stein reports

Iranian officials are still considering the US proposal to end the war, centered around giving up uranium enrichment, via NY Post

Iranian officials reportedly studying abandoning Uranium enrichment as a US condition for ending the war, via NY Post

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This situation heightens uncertainty in the energy markets, particularly impacting WTI pricing and potentially prompting a flight to safe-haven assets if tensions escalate further. Traders should monitor the developments closely, as the implications for supply and the broader market sentiment could be substantial.

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