Published: 2026-03-12T23:10:54.000Z
AUD/USD flows: Signs of De-escaltion from Iran
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Iran says it will not close Strait of Hormuz but asserts right to secure waterway
Iran says it will not close Strait of Hormuz but asserts right to secure waterway, adding to earlier comments of not closing the Strait. While it is a sign of de-escalation, Iran will likely continue leverage the chokepoint to seek chips on the table. oil is still marginally higher with calmer equities and metal.
AUD/USD is trading 0.04% higher at 0.7079.