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Hormuz Tensions Escalate, Euro Drops & Yen Weakens

12 Apr 2026, 16:00 - 20:00 (UTC)
1. Iran's Revolutionary Guards threatened strong action against any military vessels approaching the Strait of Hormuz, deeming it a ceasefire breach and escalating conflict risks in the vital oil route.
2. In the currency market, the Euro dropped 0.4% to $1.168 and the Yen weakened to 159.33 per Dollar, indicating a significant shift in market sentiment.
3. Geopolitical tensions are rising after Iran officially rejected U.S. demands to halt uranium enrichment and fully open the Strait of Hormuz.
#MarketNews #Geopolitics #StraitOfHormuz #Iran #OilPrices #ForexTrading #EURUSD #USDJPY #MarketAnalysis #RiskOff