Week 16 Opens: Oil Surges Past $100 on Blockade Threat

Monday, April 13, 2026. WTI at $104.90, up 8.64%. Brent at $102.20, up 7.38%. Trump threatens Strait of Hormuz blockade. Ceasefire talks failed. JPMorgan warns $120 possible.

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Week 16 Opens: Oil Surges Past $100 on Blockade Threat

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