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Full coverage· Economy· Updated

Iran Attack Shakes Currency and Oil Markets Amid Middle East Tensions

US strikes on Iran have reignited volatility in currency and oil markets due to fears of disruptions in the Strait of Hormuz. The shekel remains volatile amid high oil prices and geopolitical risks, while global stock markets show mixed reactions.

7 newsrooms · 1 language · since

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Iran Attack Shakes Currency and Oil Markets Amid Middle East Tensions
Illustration by baba

What happened

  1. 01US attack on Iran triggers renewed volatility in currency and oil markets.
  2. 02Shekel trades around 3.0428 to the dollar amid ongoing Middle East tensions.
  3. 03Brent crude oil prices near $78 per barrel due to Strait of Hormuz shipping risks.
  4. 04Tel Aviv and global stock markets close mixed amid geopolitical and economic concerns.
  5. 05Federal Reserve minutes suggest inflation easing and possible future rate cuts.
  6. 06Upcoming US and European economic data and central bank speeches may impact markets further.

The Federal Reserve signals potential rate cuts if energy prices stabilize, with upcoming economic data and central bank communications expected to influence market direction.

Translated and summarized by baba from Maariv, the latest report. Read Maariv’s original

The coverage

7 newsrooms on this story

Who covered it

  • LeftNone
  • Centre3
  • Right1
  • Haredi1
  • ArabNone
  • Other2

How it broke

See which of the 7 newsrooms broke it, and who waited