---
title: "Morning bid: Oil surges on US blockade of Iran"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282486826.md"
description: "Oil futures surged over $100 following the U.S. blockade of Iranian ports, escalating tensions amid stalled U.S.-Iran talks. This blockade could cut global oil supply by up to 2 million barrels per day. Soft commodities rose due to fears of supply disruptions, while bonds fell on inflation concerns. The Hungarian forint strengthened after Viktor Orban's election defeat, potentially unlocking EU funding. As U.S. earnings season begins, markets remain sensitive to geopolitical developments and economic indicators, with Goldman Sachs set to report soon."
datetime: "2026-04-13T04:51:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282486826.md)
  - [en](https://longbridge.com/en/news/282486826.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282486826.md)
---

# Morning bid: Oil surges on US blockade of Iran

A look at the day ahead in European and global markets from Tom Westbrook Oil futures jumped back over $100 at the open in Asia on Monday, the dollar fell and stocks were down as U.S.-Iran talks collapsed without making progress toward any durable peace. \[MKTS/GLOB\] The U.S. also announced a blockade of Iranian ports nL6N40V09S, a measure aimed at ratcheting up pressure on Tehran, as well as on

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