Dollar Rises Along With Oil Prices Amid Iran War -- Market Talk

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Dollar Rises Along With Oil Prices Amid Iran War -- Market Talk

Dow Jones03-26 15:40

0740 GMT - The dollar rises as the ongoing Iran war pushes oil prices higher and supports safe-haven assets. Several factors are responsible for the renewed rise in oil prices but a "big one" is that Iran has continued to reject messages from the U.S. about progress towards a ceasefire deal, Deutsche Bank analysts say in a note. The market's attention is quickly turning to the end of President Trump's five-day postponement of military strikes against Iranian energy infrastructure on Saturday, they say. Higher energy prices benefit the dollar as the U.S. is a net oil exporter, while markets see a chance of the Federal Reserve raising interest rates. The DXY dollar index rises 0.1% to 99.668. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

March 26, 2026 03:40 ET (07:40 GMT)

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