Euro sags, dollar gains as Iran war lifts energy prices - Reuters

<a href="https://news.google.com/rss/articles/CBMiqgFBVV95cUxQSnF2ck82MkRQUW12UWJfSUZHWFg5YnZsREFZaGRGdW0zT1BETnlVanBjeEJjbWFXZlNkZ1BreU91eHU4eDFobVJDRHFGTDBnYVhKMy1MbXpaanZQSWhFbVdsNnZpenRITVRVOERTS1dOeUhmbHR0N2VpNU5GZ3FzcVkzYjZZZEJ6VUlSUGpmdjRTbjByclduSE5tZ0NJLUtNY3RWMkQ0VmJkUQ?oc=5" target="_blank">Euro sags, dollar gains as Iran war lifts energy prices</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Oil prices surged following military attacks involving the U.S., Israel, and Iran, raising fears of significant disruptions in the global energy supply, particularly through the Strait of Hormuz.

The U.S. and Israeli attacks on Iran caused significant volatility in global markets, with oil prices surging due to fears of supply disruptions, especially from the vital Strait of Hormuz.

The article discusses the economic implications of recent bombings in Iran by Israel and the United States on February 28, 2026, and the closure of the Strait of Hormuz, a critical oil transit route, raising concerns about a potential global oil crisis.