Stocks dropped on Monday as investors assessed a tense situation in the Middle East, with President Donald Trump reinstating the US blockade of Iranian ships transiting the Strait of Hormuz.
Geopolitics Bloomberg Jul 13, 2026
US Stocks Fall as Iran Blockade Restarts; Oil Surges Above $80
Stocks dropped on Monday as investors assessed a tense situation in the Middle East, with President Donald Trump reinstating the US blockade of Iranian ships transiting the Strait of Hormuz.
