# (LEAD) Korean won slides as U.S., Iran spar over ceasefire terms | Yonhap News Agency

> The won fell to 1,482.5 per dollar on April 9, down 11.9 won, as the US and Iran disputed the terms of a two-week ceasefire. Iran threatened to close the Strait of Hormuz again over Israeli attacks on Lebanon.

- Date: 2026-04-09 · published 2026-04-09T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/19958-lead-korean-won-slides-as-u-s-iran-spar-over-ceasefire-terms-yonhap-news-agency
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Renewed threats to the Strait of Hormuz keep crude, LNG and fertilizer supply at risk, supporting energy and feed input costs. The weaker won raises the local cost of dollar-priced imports.

## Read by commodity

- BRENT: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-04-13 | [(LEAD) S. Korean currency slides amid failed U.S.-Iran talks, Hormuz blockade \| Yonhap News Agency](https://feedsoft.ai/events/19956-lead-s-korean-currency-slides-amid-failed-u-s-iran-talks-hormuz-blockade-yonhap.md) | -11.3% | -3.8% |
| BRENT | 2026-04-02 | [U.S. crude on Thursday did something it's never done before as Iran war continues](https://feedsoft.ai/events/12726-u-s-crude-on-thursday-did-something-it-s-never-done-before-as-iran-war-continues.md) | -2.8% | +8.2% |
| BRENT | 2026-04-09 | [Dollar struggles to rebound as fragile US-Iran ceasefire keeps markets wary \| Reuters](https://feedsoft.ai/events/11158-dollar-struggles-to-rebound-as-fragile-us-iran-ceasefire-keeps-markets-wary.md) | -2.9% | -4.7% |
| BRENT | 2026-03-08 | [Crude oil sells above $100 a barrel as Iran war impedes production \| AP News](https://feedsoft.ai/events/5230-crude-oil-sells-above-100-a-barrel-as-iran-war-impedes-production-ap-news.md) | +9.5% | +25.6% |
| BRENT | 2025-06-13 | [Oil prices surge after Israel's strike on Iran \| CBC News](https://feedsoft.ai/events/10997-oil-prices-surge-after-israel-s-strike-on-iran-cbc-news.md) | +12.0% | -0.8% |

## Sources

- en.yna.co.kr: https://en.yna.co.kr/view/AEN20260409002751320

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