{
  "id": 10430252,
  "title": "Oil: Higher prices drive yields and Dollar – MUFG",
  "url": "https://urgent.news/2026/09/28/oil-higher-prices-drive-yields-and-dollar-mufg",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T11:17:24.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/oil-higher-prices-drive-yields-and-dollar-mufg-202609281117"
  },
  "original_language": "en",
  "account": "Oil prices have surged back to near recent highs around USD110 per barrel, according to Lee Hardman at MUFG. This increase is attributed to frustration over the lack of advancement in a US-Iran deal aimed at reopening the Strait of Hormuz. Additionally, geopolitical tensions, such as attacks near Riyadh, further contribute to the risk factors that keep energy prices high and fuel global bond market sell-offs. The price of oil has been one of the most significant movers recently, reaching around USD110 per barrel. This rise is due to disappointment surrounding the absence of progress towards resolving the US-Iran conflict and reopening the Strait of Hormuz. US and Iranian negotiators have been discussing a potential agreement where Iran would allow the Strait to reopen, while the United States lifts the blockade on Iranian ports. Consequently, the Australian Dollar (AUD) is holding steady near 0.7000 at the beginning of a new week, trading close to its lowest point since August 4. This stability is due to the strength of the US Dollar, which is being supported by rising oil prices, increased inflation concerns, and expectations of a potential Federal Reserve rate hike in October.",
  "summary": "Lee Hardman at MUFG highlights that Oil has been one of the biggest movers, with prices rising back towards recent highs around USD110/barrel.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Euro consolidates losses below 1.1400 amid higher Oil prices, risk-off markets",
        "url": "https://urgent.news/2026/09/28/euro-consolidates-losses-below-1-1400-amid-higher-oil-prices-risk-off",
        "published": "2026-09-28T09:41:39.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}