Trump announced the reimposition of sanctions on Iran and a 20% 'protection fee' on cargo shipments through the Strait of Hormuz.

Trump unveiled a new proposal regarding the Strait of Hormuz, reportedly catching Gulf allies off guard. International oil prices surged immediately in response, prompting markets to raise expectations for interest rate hikes by the Federal Reserve and the European Central Bank, while gold prices briefly approached the $4,000 mark.

Golden10 DataJul 13 23:51

Express News | Markets are nearly fully pricing in expectations of a Fed rate hike before September.

BreakingsJul 13 22:54

Express News | Trump: Reinstate sanctions on Iran effective immediately and impose a 20% fee on cargo shipments.

BreakingsJul 13 22:19

Trump claimed control over the Strait of Hormuz, prompting Iran to warn that conflict would spread across the entire region.

Tensions between the United States and Iran over control of the Strait of Hormuz have escalated sharply, prompting heightened market concerns about the security of this critical global oil transit corridor.

wallstreetcnJul 13 21:49

Express News | Iran: Strait of Hormuz Remains Closed

BreakingsJul 13 18:54

BOCI: Zijin Mining (02899.HK) reported strong earnings growth in the first half, largely in line with expectations; maintains 'Buy' rating.

BOCI published a report stating that, according to its earnings guidance, Zijin Mining (02899.HK) expects to report a net profit of approximately RMB 39.1 billion for the first half of 2026, representing a 68% year-over-year increase. The company attributes this strong growth to higher metal prices and increased metal production volumes. The company’s H1 2026 earnings guidance already accounts for 46% of BOCI’s full-year forecast. Based on this, the company’s Q2 2026 earnings are estimated to have declined by 5% quarter-over-quarter to RMB 19 billion. The positive impact from higher copper production volumes and average selling prices was partially offset by lower average gold prices, higher unit costs, and other metals

AASTOCKSJul 13 11:23