Morgans AM
Morgans AM
Morgans Financial Limited
Tuesday, 14 July 2026: Hormuz Shock: Markets Rattle as Oil Surges
6 minutes Posted Jul 14, 2026 at 12:02 am.
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US equity markets retreated and oil prices and bond yields jumped after President Trump said the U.S. was reinstating a blockade of Iranian ships in the Strait of Hormuz, reigniting inflation fears and dampening risk appetite – Dow lost -138-points or -0.26%, with Nvidia Corp (down -3.52%) and Boeing Co (-3.05%) falling over >3%.