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For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
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Stock Market Today: Dow, S&P 500, Nasdaq Fall; Micron, SK Hynix, Nvidia, Intel, More Movers Barron'sStock Market News July 13, 2026: Dow and S&P 500 finish lower, Nasdaq snaps three-day winning streak as oil rally fuels inflation worries and semiconductor stocks fall MarketWatchU.S. Stocks Fall as AI Selloff, Oil Jump Rattle Markets WSJStocks and bonds drop as mounting US-Iran tensions spook investors Financial Times
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The company has shed more than $800 billion in market value from its $2.67 trillion peak in less than a month.
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Trump reimposes naval blockade on Iran amid escalating clashes in Hormuz AxiosLive updates: Ceasefire disintegrates as Trump says US will reinstate blockade of Iranian ships in Strait of Hormuz CNNOil Jumps as Trump Vows to Renew Iran Blockade, Nasdaq Slumps | Markets P.M. for July 13 WSJTrump proposes 20% toll on cargo through Strait of Hormuz; restarts Iran blockade CNBCUS to take over Stra
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