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Breaking Posted 5 hours ago

Brent crude hits lowest level since Iran conflict began

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Brent oil prices have fallen to their lowest levels since the start of the Iran conflict, driven by expectations of improved oil flows through the Strait of Hormuz. Lower energy costs reduce inflation pressure on major economies, supporting currency pairs sensitive to rate-cut expectations, particularly EUR/USD and GBP/USD as markets reassess central-bank policy paths.
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3 hours ago

Oil drops below $75/barrel amid Iran tensions easing

Crude oil fell below $75 per barrel for the first time since Iran conflict escalation began, signaling reduced geopolitical risk premium. Lower oil prices typically weaken commodity-linked currencies like CAD and AUD while supporting USD as a safe haven, affecting USD/CAD, AUD/USD, and energy-correlated pairs.

https://finance.yahoo.com/markets/article/oil-falls-below-75-per-barrel-for-first-time-since-start-of-iran-war-143118748.html
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@asuquokelvin · 2 hours ago

Falling oil prices ease inflation concerns and could give EUR and GBP some support.

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