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 الحقيقة الدولية
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الحقيقة الدولية

2026-07-13T06:10:00.000Z

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Dollar rises amid renewed Iran tensions and Strait of Hormuz closure

Dollar rises amid renewed Iran tensions and Strait of Hormuz closure

The rise of the dollar came in response to renewed tensions in the Gulf, where Iran targeted Gulf countries and closed the Strait of Hormuz, leading to a 3.3% increase in oil prices to $78.49 per barrel. The impact of these tensions also became evident in the financial markets, with high expectations of a US interest rate hike, as the chances of two or more increases by December rose to 52.1%. The dollar index remained steady at 101.07, while Bitcoin declined to $63,770 and Ethereum to $1,801.

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