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Dollar Rises as Oil Prices Rally, Yen Falls
Barrons· 2025-10-23 17:17
The dollar rose as oil prices rallied and the Japanese yen weakened.Oil prices rose on supply disruption risks after the U.S. announced sanctions targeting Russia's two largest oil companies Rosneft and Lukoil. The Trump administration cited Russia's lack of serious commitment to a peace process to end the Ukraine war.It comes after a meeting between President Donald Trump and Russia's President Vladimir Putin was shelved. ...