Monday, July 13, 2026

So Trump isn't really worried about a global recession triggered by high energy prices after all

 Brent oil jumps more than 9%, biggest daily gain since 2020, after Trump reinstates Iran blockade

... Brent crude futures advanced 9.6% to close at $83.30 per barrel. It was the international benchmark’s best daily performance since May 2020. West Texas Intermediate futures gained 9.4% to settle at $78.14. ...