BriefApril 17, 2026 · 03:59 AM
Ringgit gains as US-Iran talks signal lower oil risk
The ringgit opened at 3.9510/9570 against the US dollar, up from the previous close of 3.9550/9600. The gain follows optimism that a second round of US-Iran talks will de-escalate conflict and reopen the Strait of Hormuz. This shift in sentiment pushed Brent crude prices to US$94.59 per barrel and West Texas Intermediate to US$90.76 per barrel.
Riley Stratton
currency exchange ratesoil pricesgeopolitical risk
More Briefs
Apr 17
View All Briefs →Chile’s Kast Pushes Tax Cuts and Incentives for SMEs, Targeting 235,000 Businesses
Apr 17Building a bigger house now costs $31,000 more than in 2008 — even as home sizes rebound and sales improve
Apr 17Treasury Secretary Bessent Urges Fed to Hold Rates Amidst Oil Price Surge
Apr 17SEC Day Trading Rule Change Ends $25,000 Minimum for Retail Investors