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The Nexus
BUSINESSApr 13 · 06:55 UTCBLOOMBERG

Oil, Gas Surge as Trump Orders Hormuz Blockade & Hungary's Orbán Ousted| Daybreak Europe 4/13/2026

Oil and gas prices surged after President Trump ordered a blockade of the Strait of Hormuz, disrupting Iranian maritime traffic. Hungary's opposition leader Péter Magyar won a landslide election, ending Viktor Orbán's 16-year rule and potentially improving the country's access to EU financing.

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