Also in today’s newsletter: Trump announces naval blockade of Strait of Hormuz, and China open to Taiwanese TV and imports
finance
Apr 12, 2026
FirstFT: Viktor Orbán concedes defeat in Hungarian election
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Financial Times (FT)
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Source: Financial Times (FT)
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Oil prices surge above $100 as U.S. Navy to blockade Iran's ports after peace talks fail
President Donald Trump said he ordered the U.S. Navy to find and interdict any ship in international waters that has paid a toll to Iran to transit the strait.
Why the stock market has stayed resilient despite the Iran war and software stock rout
In his Sunday column, Jim Cramer explored key battleground issues for the stock market such as the Iran war and software sell-off.
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