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Market Open: Oil Rallies on Iran Blockade Fears, GFL Expands Waste Platform | Apr 13th

Economy, Finance, Market News, Market Summary
TSX:GFL
13 April 2026 10:00 (EDT)
Markets split as oil jumps over 6%. TSX rises, Dow falls, GFL buys Secure Waste Infrastructure, gold slips, gas climbs, and Bitcoin holds steady.

Markets split as oil jumps over 6%. TSX rises, Dow falls, GFL buys Secure Waste Infrastructure, gold slips, gas climbs, and Bitcoin holds steady.

The TSX is up 0.65%, while the TSX Venture Index is down 0.32%, as Canadian markets diverge amid sharp moves in energy and renewed geopolitical tension. U.S. markets are weaker, with the Dow down 0.83%, even as the Nasdaq climbs 0.95% on strength in select growth and tech names. In Europe, the FTSE 100 is lower by 0.42%, reflecting cautious risk sentiment as investors assess escalating threats around the Strait of Hormuz.

Energy markets are once again driving the macro tone. Oil is surging more than 6% as fears mount over a potential U.S. move to block Iran, sharply raising supply‑risk premiums. Gold is sliding modestly as traders raise cash and reposition, while copper is little changed. Natural gas is higher, and Bitcoin is essentially flat in Canadian‑dollar terms as crypto traders wait for clearer direction amid war‑driven volatility.

Market numbers

TSX: Up (+0.65%), 33,695.76

TSXV: Down (‑0.32%), 992.22

DOW: Down (‑0.83%), 47,568.5

NASDAQ: Up (+0.95%), 25,027.1

FTSE 100: Down (‑0.42%), 10,553.76

In the headlines

Currencies

USD: Flat (0.00%), $0.7224

GBP: Up (+0.16%), $0.5375

EUR: Up (+0.29%), $0.61788

JPY: Up (+0.36%), ¥115.481

AUD: Up (+0.29%), $1.0259

Bitcoin (BTC/CAD): Down (‑0.01%), 98,241.7

(Conversion to C$1)

Commodities

Copper: Up (+0.04%), 582.70

Gold: Down (‑0.47%), 4,727.07

WTI Crude: Up (+6.49%), 95.15

Natural Gas: Up (+1.31%), 2.706

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