Various-Hormuz Blockade/Market Reax
Various-Hormuz Blockade/Market Reax
Dateline : April 12-13, 2026/File
Location : Various
Duration : 1'10
FILE: New York City, USA - Jan 31, 2021 (CCTV - No access Chinese mainland)
1. Road sign showing Wall Street; buildings
FILE: New York City, New York, USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland)
2. Various of New York Stock Exchange building, U.S. national flags
FILE: New York City, USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland)
3. Various of NYSE flags, pedestrians
FILE: Seoul, ROK - 2025 (CCTV - No access Chinese mainland)
4. Various of gold jewelry, gold bars
FILE: Dubai, UAE - Sept 2025 (CCTV - No access Chinese mainland)
5. Various of counter clerks sorting gold jewelries; gold jewelries on display
FILE: Texas, USA - Date Unknown (CCTV - No access Chinese mainland)
6. Gas station
7. Various of people fueling cars
FILE: Alberta Province, Canada - January 2025 (CGTN - No access Chinese mainland)
8. Various of land drilling rig in operation
FILE: Kharg Island, Iran - March 10, 2016 (CCTV - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
9. Various of oil facilities
U.S. stocks and global gold prices plummeted while crude futures surged after U.S. President Donald Trump announced a naval blockade of the Strait of Hormuz on Sunday.
Trump said in a post on Truth Social that the U.S. Navy would begin blocking ships trying to enter or leave the Strait of Hormuz, after peace talks with Iran failed to produce a deal.
U.S. stocks market reacted strongly to his announcement, with futures of Dow Jones Industrial Average, S and P 500 and Nasdaq Composite Index nosediving by over 1 percent.
Meanwhile, global gold prices also tumbled. June gold futures on the New York Mercantile Exchange fell below 4,700 U.S. dollars per ounce, with losses at one point exceeding 2 percent.
The oil prices, on the contrary, rose significantly. As of 6:50 a.m. Beijing time on Monday, the West Texas Intermediate futures for May delivery soared 8.13 percent to settle at 104.42 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude futures for June delivery increased 7.52 percent to settle at 102.36 U.S. dollars a barrel on the London ICE Futures Exchange.
U.S. media reported that the failure of Iran-U.S. peace talks concerns the market, as the war could last longer than expected, which will further push up the oil prices and put more pressure on global economy.
ID : 8474513
Published : 2026-04-13 09:25
Last Modified : 2026-04-13 17:48:21
Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : See shotlist
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