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زاد الاردن
Washington-Tehran Tensions Weigh on Dollar and Yen
The news covers the ongoing tension between the United States and Iran and its impact on the global markets. Renewed clashes between the two sides have boosted demand for the dollar and safe-haven currencies, resulting in a noticeable rise in oil prices. The dollar stabilized at an index of 101.11 amid escalating tensions, while Brent crude prices increased by more than 1.3% to $95.31 per barrel following the US military's announcement of new strikes against Iranian targets in the region. Meanwhile, the Houthis claimed to have targeted two Saudi oil tankers in the Red Sea. Additionally, the tensions led to rising US Treasury bond yields and heightened inflation fears, with prospects of possible US interest rate hikes in the near future.
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