Latest updates at the top:
After 16 years in power, Viktor Orban loses in landslide.
Buzzfeed is searching for (secret) conservative women.
IDF gearing up for renewed conflict with Iran according to multiple Israeli outlets including Ynet, Channel 12, and Kan
This surfaces hours after Vance’s exit from Islamabad with no deal reached
European officials and analysts report Iran is pushing/urging Houthis to prepare renewed Red Sea attacks if US escalates further. Houthi leadership described as “on the fence” internally, with factions debating response; mass protests in Yemen call for action.
Houthis have warned they could target shipping in Bab al-Mandeb (narrow chokepoint linking Red Sea to Gulf of Aden/Suez) or impose a “naval blockade” on vessels linked to US/Israel. Conditions for full intervention include Gulf Arab states joining the war or further escalation against Iran.
US stock futures open sharply lower
The blockade begins at 10 AM ET Monday.
Fragile two-week ceasefire (to ~April 22) in limbo; no next round announced, but some see possibility of Iran returning under pressure.
Iran’s IRGC Navy warned that military vessels approaching the strait would violate the ceasefire; the strait remains “open for safe passage of non-military vessels” under specific regulations. Iranian negotiators said they “will not bow to any threats.”
Analyst consensus from shipping experts (Kpler, etc.): Reopening alone won’t fix supply woes quickly. Global oil/gas/chemical shortages and elevated prices likely persist for months.
Big week for markets, PPI, jobs data, Fed speech, and earnings all hitting at once.
Quiet remainder of Sunday. IMF/World Bank meetings ongoing (shadowed by Middle East economic shock discussions).Monday April 13: Existing Home Sales (March).
Tuesday April 14: PPI (March – high impact), Fed’s Miran speech, NFIB Optimism, ADP employment metric, bill auctions.
Earnings season accelerates (banks kick off). Geopolitics expected to overlay all data reads.
BREAKING: President Trump announces the US Navy will begin “blockading any and all ships trying to enter or leave” the Strait of Hormuz, effective immediately, on Truth Social.
Trump says the talks failed solely on Iran’s refusal to abandon nuclear weapons, and that the Navy…
— The Hormuz Letter (@HormuzLetter) April 12, 2026
A growing divide is tearing through America’s housing market.
The great US housing split as storied Heartland city sees prices soar but red-hot boomtown unravels at speed https://t.co/MNHUjj1tlF
— Daily Mail US (@Daily_MailUS) April 12, 2026
JUST IN: The official TRUMP memecoin is down roughly 96% from its all-time high – CoinGecko.
Traders openly calling for a “bloodbath or biggest bounce ever” on Monday
No-deal reality sinks in with renewed Lebanon friction and Russian mediation chatter
Nifty/Bank Nifty desks already mapping gap-down fills on crude surge.
Iran refusing to reopen the Strait of Hormuz without a permanent peace agreement
Consensus betting weekend de-escalation momentum is dead wrong
Shipping traffic through the Strait of Hormuz remains at a virtual standstill with only six vessels transiting in 24 hours compared to a pre-conflict average of 140.
Israeli artillery shelled Bent Jbeil while Hezbollah fired rockets into Upper Galilee and Lebanese health ministry reports 5 killed plus 25 injured in an Israeli strike on Qana
Kremlin confirms Putin told Iranian president he is ready to mediate long-term Middle East peace exactly as Israeli artillery shells Bent Jbeil and Hezbollah fires rockets into Upper Galilee with fresh Lebanese casualties.