← Latest news 
Ceasefire lifts Gulf oil hopes as dollar slides on US Iran talks focus
Economy
Published on 24 April 2026
Safe haven rush flips as oil shipping resumes
A Gulf ceasefire has helped resume oil shipping and ease fears of escalation with Iran, pushing investors to move away from safe-haven assets. As the dollar weakens, demand shifts toward currencies like the euro and sterling, signaling changing expectations ahead of US-Iran talks and renewed attention to regional risk.
- Dollar weakens as ceasefire reduces escalation worries with Iran
- Resumed oil shipping shifts investor focus and risk appetite
- Safe-haven assets see a sell-off while euro and sterling rise
- US-Iran talks remain a key driver of market expectations
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times