Gold Crashes 3% as Oil Spikes 9% on Hormuz Blockade Shock

On today's episode of Market Brief – After Hours, Iran and the U.S. exchanged airstrikes over the weekend, triggering a shock Hormuz Strait blockade announcement that sent oil prices surging and rattled equities worldwide. Tech and semiconductor stocks bore the brunt of the selloff in the U.S. and Asia, while gold and silver puzzlingly cratered instead of acting as safe havens. We cover the moves across EUR/USD, GBP/USD, AUD/USD, USD/JPY and USD/CHF, plus a look at SpaceX's wild post-IPO ride and the week ahead with CPI data and bank earnings. Hosted on Acast. See acast.com/privacy for more information.

Episode metadata supplied by the publisher feed · Published Jul 13, 2026

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Gold Crashes 3% as Oil Spikes 9% on Hormuz Blockade Shock

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