Euro rises slightly against the dollar in a session marked by oil volatility
The euro slightly increased against the dollar amid volatile oil prices, following U.S. acknowledgment of diplomatic efforts to resolve the Iran conflict. At 18:07 Lisbon time, the euro was at 1.1233 dollars, up from 1.1231 the previous day. However, it fell against the pound and yen, while the dollar also weakened against the yen. Oil prices saw minor fluctuations, with Brent crude down 0.03% to $108.76 and WTI down 0.62% to $97.21. These price movements were influenced by diplomatic mediation efforts from Qatar and Pakistan aimed at de-escalating tensions in the Middle East, as reported by Al Araby al Jadeed.