Trump Orders Complete Blockade of Strait of Hormuz Amidst Stalled U.S.-Iran Talks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 13 2026
0mins
Source: CNBC
- Blockade Order: President Trump has ordered a complete blockade of the Strait of Hormuz, prohibiting all vessels from passing, aimed at pressuring Iran to abandon its nuclear weapons pursuit, which could lead to a tightening of global energy supplies.
- Surge in Oil Prices: Trump's announcement of the blockade caused oil prices to surge over 8%, reflecting market concerns over a potential energy crisis while exacerbating investor anxiety and impacting global market performance.
- Market Reaction: Following the blockade news, Asian markets fell in early Monday trading, and U.S. futures also tumbled, with Dow Jones Industrial Average futures losing 517 points, indicating a pessimistic sentiment among investors regarding the economic outlook.
- Decline in Consumer Confidence: American consumer confidence plunged to a record low in April, reflecting the domestic economic impact of the ongoing conflict, further intensifying market uncertainty.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





