{"id":345200,"date":"2026-07-13T16:53:00","date_gmt":"2026-07-13T20:53:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=345200"},"modified":"2026-07-13T19:02:41","modified_gmt":"2026-07-13T23:02:41","slug":"us-iran-war-reignites-oil-soars","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/us-iran-war-reignites-oil-soars\/","title":{"rendered":"US-Iran war reignites, oil soars"},"content":{"rendered":"\n

The trading week began with Trump blockading Iran in the Strait of Hormuz and reversing policy by announcing that the U.S. will charge ships for safe passage there. Iran maintains that it controls the strait, crucial for the transportation\u00a0of oil. Both sides are\u00a0exchanging fire again. WTI soared nearly 9% on Monday to US$77.75 as oil stocks jumped, such as Valero<\/a> by 5.83%. U.S. indices fell: the S&P -0.79%, the Nasdaq -1.55% and the Dow -0.26%. Tech, especially memory, continued to struggle: Nvidia<\/a> -3.52%, Intel<\/a> -6.12% and Sandisk<\/a> -12.63%. However, Intuit<\/a> rallied 5.38%. The U.S. 10-year yield\u00a0climbed to 4.622%. Bitcoin lost US$2,000 to US$62,160.<\/p>\n\n\n\n

In Canada, the TSX slipped\u00a00.18% as eight sectors rallied. Energy by far was the strongest one, followed by healthcare, while materials suffered pronounced losses as gold slipped US$120 to US$4,000 and silver slid\u00a03.8% to US$57.50. Major movers on Bay Street: Thomson Reuters<\/a> 5.17%, CNQ<\/a> 3.13%, Cenovus<\/a> 4.71%, First Quantum\u00a0Minerals<\/a> -8.38% and MDA Space<\/a> -7.25%.<\/p>\n\n\n\n

🛢 Valero Energy Corp (VLO)<\/a> +5.83%<\/p>\n\n\n\n

💾 NVIDIA Corporation (NVDA)<\/a> -3.52%<\/p>\n\n\n\n

💾 Intel (INTC)<\/a> -6.12%<\/p>\n\n\n\n

💾 Sandisk Corp (SNDK)<\/a> -12.63%<\/p>\n\n\n\n

💾 Intuit Inc. (INTU)<\/a> +5.38%<\/p>\n\n\n\n

🖨 Thomson Reuters Corp (TRI.TO)<\/a> +5.17%<\/p>\n\n\n\n

🛢 Canadian Natural Rsrcs (CNQ.TO)<\/a> +3.13%<\/p>\n\n\n\n

🛢 Cenovus Energy (CVE.TO)<\/a> +4.71%<\/p>\n\n\n\n

⛏ First Quantum Minerals (FM.TO)<\/a> -8.38%<\/p>\n\n\n\n

🧬 MDA Space Ltd. (MDA.TO)<\/a> -7.25%<\/p>\n","protected":false},"excerpt":{"rendered":"

The trading week began with Trump blockading Iran in the Strait of Hormuz and reversing policy by announcing that the U.S. will charge ships for safe passage there. Iran maintains that it controls the strait, crucial for the transportation\u00a0of oil. […]<\/p>\n","protected":false},"author":9,"featured_media":343920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-345200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=345200"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345200\/revisions"}],"predecessor-version":[{"id":345201,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345200\/revisions\/345201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/343920"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=345200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=345200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=345200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}