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Oil surges - so why aren't traders panicking? | Morning Bid
Posted
July 13, 2026
Views
4,480
Likes
109
Comments
9
Engagement
2.63%
July 13, 2026
4,480
109
9
2.63%
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7:21Now PlayingOil prices surge but traders aren't panicking yet as U.S.-Iran strikes escalate and Iran claims the Strait of Hormuz is closed - even as U.S. Central Command says around 20 ships got through in the last 24 hours. Meanwhile, June CPI data drops Tuesday and big bank earnings kick off a week that will test soaring tech valuations.
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