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Impending US Strait of Hormuz blockade sends oil prices soaring

Channel

ABC News

Published

April 13, 2026

BS Rank

89.2% percentile (777 of 7,171)

BS Score

90.99%

Analysis source

gemini

Stocks are set to open sharply lower on Monday morning and oil is now back up above $100 a barrel with gas prices likely to climb higher this week after five days of declines. ––– Subscribe to ABC News on YouTube: https://abcnews.visitlink.me/59aJ1G ABC News is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage. https://abcnews.com Download the ABC News app for the latest headlines and alerts: https://abcnews.com/devices Connect with ABC News on social media: Facebook: https://www.facebook.com/ABCNews Instagram: https://www.instagram.com/abcnews TikTok: https://www.tiktok.com/@abcnews X: https://twitter.com/ABC Threads: https://www.threads.net/@abcnews WhatsApp: https://whatsapp.com/channel/0029VajTNakKWEKkXoAPIR11 LinkedIn: https://www.linkedin.com/company/abcnews