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[MARKET UPDATE] DXY rises to fresh session highs of 99.58 as energy prices stay elevated; next upside levels 3rd Sep high (99.61) and 100 DMA (99.79)

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DXY advanced to session highs of 99.58 driven by elevated energy prices, Middle East supply tensions, and increased market pricing of a Federal Reserve rate hike.

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Today's market highlights

A selection of stories drawing attention in the market.

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Geopolitics

[MARKET UPDATE] Brent Nov'26 regains the USD 108/bbl mark following comments by the Iranian FM Spokesman, which is weighing slightly in fixed income and equities

Geopolitics

Iran's Foreign Ministry Spokesperson says that Saudi Arabia insisted that the meeting between Iran and Gulf nations in Oman not to take place; postponed to another date due to the Yemen situation

Commodities

Oman Energy Minister says Strait of Hormuz will be open and it's probably a short-term situation, adds pleased Oman is still able to continue producing oil and gas