Market news for April 13, 2026: A US-imposed blockade on Iranian shipping sent Brent crude surging 7 per cent past $102, escalating war-driven energy shock. Stocks fell, and gold hit a near one-week low as inflation fears prompted traders to scale back Federal Reserve rate cut expectations.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written by: Howie Lim (howielim@sph.com.sg)

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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