US & Iran Trade Fresh Strikes, SK Hynix Shares Fall Most on Record | The Opening Trade 7/13/2026

Published 13 July 2026 · finance

Oil gained after the US carried out another wave of strikes against Iran, with the two sides disputing whether the Strait of Hormuz was open

Oil gained after the US carried out another wave of strikes against Iran, with the two sides disputing whether the Strait of Hormuz was open. Global benchmark Brent earlier approached $80, before paring some of the increase. The US on Sunday struck dozens of targets to degrade Iran’s ability to attack international shipping through the waterway. Iran said the strait would be closed “until further notice,” though Western navies insisted it remained open. South Korea’s AI-fueled stock rally came under renewed pressure Monday as SK Hynix tumbled by a record 15%, underscoring growing investor concerns that the boom had become overstretched.

Traders pointed to fears of lower-than-expected earnings and a rotation into the company’s newly listed American depositary receipts, which surged 13% in their debut on Friday. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Tom Mackenzie. Chapters 00:00:00 - Market Check 00:02:54 - Brent Crude Levels, Oil Price 00:05:30 - Korean Stock Market Record Low 00:07:39 - US Inflation, Earnings Week 00:11:29 - US, Iran Resume Strikes 00:19:58 - US Banks Report Earnings 00:28:15 - Bond Market Check 00:28:55 - Kevin Warsh Testifies Tuesday 00:43:20 - Nippon Paint's Akzo Nobel Offer 00:47:38 - Stocks to Watch: Oil Stocks, Akzo Nobel, Tech Stocks 01:05:04 - Oil Price 01:11:00 - Apollo Counter Offer for easyJet 01:13:16 - SK Hynix Stock Plump in South Korea 01:20:31 - Proxima Fusion CEO Francesco Sciortino 01:26:34 - Europe Leaders Meet to Discuss Ukraine 01:29:05 - Lindsey Graham Death 01:32:54 - US Inflation Tuesday More on Bloomberg Television and Markets Like this video?

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