Oil rises, dollar firms after US strikes in Iran

Tokyo (AFP) June 23, 2025

Oil prices were higher on Monday and the dollar strengthened after the United States struck Iran's nuclear facilities at the weekend. Asian markets mostly fell, although Chinese stocks were higher, as traders wait to see how Tehran could respond. One option on the table would be to potentially create economic havoc by seeking to close the strategic Strait of Hormuz - which carries one-f