{
  "id": 7332408,
  "title": "Dollar gains as Middle East conflict lifts oil, Fed hike looms",
  "url": "https://urgent.news/2026/09/14/dollar-gains-as-middle-east-conflict-lifts-oil-fed-hike-looms",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T14:04:53.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/dollar-gains-middle-east-conflict-lifts-oil-fed-hike-looms-6382181"
  },
  "original_language": "en",
  "account": "The U.S. dollar gained strength on Monday as Middle East tensions escalated and oil prices surged, prompting investors to seek refuge in the safe-haven currency, according to a report. The Federal Reserve's imminent interest rate hike also contributed to the dollar's rise, with a 90% chance of an increase in the coming week, up from 60% a week prior. The U.S. dollar index, a benchmark for the currency's performance against six major peers, climbed almost 0.6% to its highest level since September 2. Meanwhile, the euro and British pound both experienced declines against the dollar.\n\nThe conflict in the Middle East disrupted oil supplies, with Houthi strikes on Saudi Arabia and the Saudi shutdown of its main pipeline causing concerns about potential disruptions. Brent crude oil prices rose 3% to $108 a barrel, and the jump in energy costs led to a spike in global bond yields, nearing multi-year highs. This unsettling financial environment, coupled with worries about AI's potential dangers, further bolstered the dollar's position.\n\nCurrency strategists noted that the dollar's favorable movement was supported by expectations of a Federal Reserve rate hike. However, they cautioned that a dovish decision, failing to commit to further policy tightening, could also have a negative impact on the dollar. Meanwhile, the Japanese yen weakened, gaining on expectations of a Bank of Japan rate hike.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Japanese Yen edges lower vs USD amid Middle East jitters as Fed, BoJ meetings loom",
        "url": "https://urgent.news/2026/09/14/japanese-yen-edges-lower-vs-usd-amid-middle-east-jitters-as-fed-boj",
        "published": "2026-09-14T02:04:53.000Z"
      },
      {
        "outlet": "Punch",
        "title": "Middle East supply fears lift oil prices as tech stocks slide",
        "url": "https://urgent.news/2026/09/14/middle-east-supply-fears-lift-oil-prices-as-tech-stocks-slide",
        "published": "2026-09-14T09:46:04.000Z"
      },
      {
        "outlet": "Hellenic Shipping News",
        "title": "Oil, gas and borrowing costs surge as fears over Middle East escalate",
        "url": "https://urgent.news/2026/09/14/oil-gas-and-borrowing-costs-surge-as-fears-over-middle-east-escalate",
        "published": "2026-09-14T10:00:29.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Oil surges above US$100 as Middle East fears deepen, tech stocks slide",
        "url": "https://urgent.news/2026/09/14/oil-surges-above-us-100-as-middle-east-fears-deepen-tech-stocks-slide",
        "published": "2026-09-14T10:01:20.000Z"
      },
      {
        "outlet": "CNA - Business",
        "title": "Dollar gains as Middle East conflict lifts oil, Fed hike looms",
        "url": "https://urgent.news/2026/09/14/dollar-gains-as-middle-east-conflict-lifts-oil-fed-hike-looms-7337938",
        "published": "2026-09-14T14:04:53.000Z"
      }
    ]
  },
  "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."
}