# Dollar firms, euro stumbles as energy prices surge | MarketScreener

> The dollar held near a three-month high in Asia as the euro slipped to $1.1590 after euro zone inflation came in above forecasts. Strikes on Iran have disrupted Middle East energy exports, with Iranian attacks closing Gulf navigation and halting production from Qatar to Iraq. Brent gained 1.9% to $82.94 per barrel.

- Date: 2026-03-04 · published 2026-03-04T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/11005-dollar-firms-euro-stumbles-as-energy-prices-surge-marketscreener
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Closed Gulf navigation removes a major share of seaborne oil and LNG, lifting energy costs for importers and fertilizer prices for grain producers. A stronger dollar also raises the local-currency cost of dollar-priced feed imports.

## Read by commodity

- DXY: bullish ▲
- BRENT: bullish ▲
- EURUSD: bearish ▼
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-03-07 | [Dollar edges higher as surging energy prices prompt safe-haven flows \| Financial Newsletter](https://feedsoft.ai/events/12080-dollar-edges-higher-as-surging-energy-prices-prompt-safe-haven-flows-financial.md) | -4.6% | -13.0% |
| BRENT | 2025-06-17 | [Diesel Prices Surge as Israel-Iran War Pressures Market - TT](https://feedsoft.ai/events/8385-diesel-prices-surge-as-israel-iran-war-pressures-market-tt.md) | -1.7% | -5.5% |
| BRENT | 2026-10-02 | [Markets Ablaze: Gas & LNG Prices Surge as Middle East Conflict Escalates](https://feedsoft.ai/events/17233-markets-ablaze-gas-and-lng-prices-surge-as-middle-east-conflict-escalates.md) | +7.5% | +9.7% |
| BRENT | 2026-04-28 | [Oil Prices Surge as Hormuz Tensions Push WTI Near $100 and Brent Above $111, Threatening Global Energy Markets](https://feedsoft.ai/events/19906-oil-prices-surge-as-hormuz-tensions-push-wti-near-100-and-brent-above-111.md) | +4.8% | -8.9% |
| BRENT | 2026-04-13 | [Gold drops as Hormuz blockade lifts dollar, dents Fed rate cut bets \| MarketScreener](https://feedsoft.ai/events/19648-gold-drops-as-hormuz-blockade-lifts-dollar-dents-fed-rate-cut-bets.md) | -11.3% | -3.8% |
| EURUSD | 2022-03-07 | [Dollar edges higher as surging energy prices prompt safe-haven flows \| Financial Newsletter](https://feedsoft.ai/events/12080-dollar-edges-higher-as-surging-energy-prices-prompt-safe-haven-flows-financial.md) | +0.2% | +1.2% |
| EURUSD | 2026-03-02 | [Euro Declines on Dollar Strength](https://feedsoft.ai/events/11007-euro-declines-on-dollar-strength.md) | -1.8% | -2.6% |
| EURUSD | 2024-06-10 | [Euro tumbles as Macron calls snap French election \| Reuters](https://feedsoft.ai/events/10798-euro-tumbles-as-macron-calls-snap-french-election-reuters.md) | -1.0% | +0.1% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/dollar-firms-euro-under-pressure-as-energy-prices-surge-ce7e5cd3d88cfe2c

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.