国产诱惑福利

鈥淭he move up in oil prices is driven largely because of the U.S. blockade in the Strait of Hormuz, so that's taken away any hope of incremental oil cargoes going through the strait, at least for an indefinite period,鈥� said Al Salazar, head of macro oil and gas research at Enverus.

A blockade would keep even more oil off the global market, after prices already jumped for everyone worldwide because of Iran鈥檚 restrictions on traffic in the important strait. That narrow waterway is how much of the oil produced in the Persian Gulf area reaches customers worldwide.

The S&P/TSX composite index was up 170.79 points at 33,866.55.聽

In New York, the Dow Jones industrial average was up 8.87 points at 47,925.44. The S&P 500 index was up 29.42 points at 6,846.31, while the Nasdaq composite was up 146.53 points at 23,049.43. 聽

The May crude oil contract was up US$3.68 at US$100.25 per barrel.聽

The price of Brent crude, the international standard, rose back to US$101.90 per barrel and is well above its roughly US$70 price from before the war. But it remains below the US$119 peak it鈥檚 touched at times, when worries about the U.S.-Iran war have been at their heights. It also pulled back from its nearly US$104 price reached earlier Monday morning.

With the gains in oil prices, Salazar said the question becomes why there hasn鈥檛 been more downward pressure on equities. 聽

鈥淚 think it's really because this is so far, an Asian and European shortage, and it has to show up in North America for it to be priced in,鈥� he said.聽

Salazar said he thinks oil prices will stay elevated.聽

鈥淎 lot of the focus is in the near term, but this is more structural going long term,鈥� he said.

The June gold contract was down US$23.00 at US$4,764.40 an ounce.

The Canadian dollar traded for 72.50 cents US compared with 72.33 cents US on Friday.

This report by 国产诱惑福利 was first published April 13, 2026.

鈥� With files from The Associated Press.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)