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NewsDesk MC April 20, 2026April 20, 2026 Bank of England, bond yields, Brent crude, central banks, currency markets, ECB, energy markets, equity markets, Geopolitics, global markets, investor sentiment, Iran conflict, Nasdaq, oil prices, risk aversion, S&P 500, safe haven assets, stock futures, Strait of Hormuz, us dollar, Wall Street

Oil spikes, stocks retreat as Hormuz closure rattles markets

London — Oil prices surged while global equity futures slipped and the U.S. dollar strengthened on Monday after renewed tensions