World Stocks Dip as Oil Rises Amid Trump's Hormuz Levy Threat

Global stocks declined while oil prices rose after U.S. President Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% levy at the Strait of Hormuz, heightening geopolitical tensions. Brent crude reached one-month highs as investors reacted to the developments.

By By Nell Mackenzie and Gregor Stuart Hunter Tue, July 14, 2026 at 11:50 AM GMT+3 3 min read · Yahoo Finance ·

World Stocks Dip as Oil Rises Amid Trump's Hormuz Levy Threat

Topics: Federal Reserve policy oil prices stock markets U.S.-Iran tensions

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