Weak US Dollar Helps Europe Manage Oil Price Surge Amid Middle East Tensions

Weak US Dollar Helps Europe Manage Oil Price Surge Amid Middle East Tensions

Jun 19, 2025

US Dollar Decline Softens Oil Shock for Europe As Middle East tensions push oil prices higher, a weakening US dollar is offering unexpected relief to Europe’s oil-importing economies. Traditionally, when oil prices rise during times of strong dollar performance, the financial burden on

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