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Event Brief

Oil Prices Surge Above $100 Amid Market Reactions

Oil prices jumped after reports of potential US actions in the Strait of Hormuz, while the Hungarian forint rose post-election.
WHO: US
WHAT: Oil prices surged
WHEN: Apr 13, 2026 at 3:44 AM ET
WHERE: USA
WHY: Triggered by reports that the US may block the Strait of Hormuz.
How this story developed (showing 3 of 3 earlier reports)
Sources (1): Euronews

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