# Oil shock from Middle East war pushes investors to shun Asian currencies: Reuters poll

> A Reuters poll found investors are shunning Asian currencies as the Middle East conflict disrupts Strait of Hormuz shipping, which carries roughly a fifth of global oil supply. Crude prices are above $100 and inflation fears are rising. The shift reflects a sharp energy shock hitting oil-importing economies.

- Date: 2026-04-01 · published 2026-04-01T12:00:00.000Z
- Category: macro · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/20387-oil-shock-from-middle-east-war-pushes-investors-to-shun-asian-currencies
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Energy-driven currency stress in Asian importers raises their costs for feed and fuel and can curb demand for imported feedstuffs. A firmer dollar and higher crude also feed into broader input cost inflation for livestock producers.

## Read by commodity

- DXY: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-10-01 | [Investors sour on baht, trim long bets on most emerging Asian currencies: Reuters poll \| WTVB \| 1590 AM · 95.5 FM \| The Voice of Branch County](https://feedsoft.ai/events/50883-investors-sour-on-baht-trim-long-bets-on-most-emerging-asian-currencies-reuters.md) | -0.5% | -0.5% |
| DXY | 2016-11-11 | [Expected inflation pop from Trump win pushes dollar to best week in a year \| Reuters](https://feedsoft.ai/events/8175-expected-inflation-pop-from-trump-win-pushes-dollar-to-best-week-in-a-year.md) | +1.4% | +0.8% |
| DXY | 2025-09-17 | [Dollar Boost From Fed to Weigh on Asian Currencies, Analysts Say - Bloomberg](https://feedsoft.ai/events/23086-dollar-boost-from-fed-to-weigh-on-asian-currencies-analysts-say-bloomberg.md) | +0.4% | +1.5% |
| DXY | 2021-02-01 | [Dollar rises as investors back away from riskier currencies, Fed leaves rates unchanged](https://feedsoft.ai/events/49066-dollar-rises-as-investors-back-away-from-riskier-currencies-fed-leaves-rates.md) | +0.3% | +0.5% |
| DXY | 2023-03-09 | [Investors turn more bearish on Asian FX amid return of King Dollar \| Reuters](https://feedsoft.ai/events/37103-investors-turn-more-bearish-on-asian-fx-amid-return-of-king-dollar-reuters.md) | +0.5% | -1.8% |
| BRENT | 2021-08-24 | [Dollar slips further as oil rallies, commodity currencies gain \| Reuters](https://feedsoft.ai/events/12117-dollar-slips-further-as-oil-rallies-commodity-currencies-gain-reuters.md) | +5.7% | +7.0% |
| BRENT | 2026-09-14 | [Dollar gains as Middle East conflict lifts oil, Fed hike looms By Reuters](https://feedsoft.ai/events/17642-dollar-gains-as-middle-east-conflict-lifts-oil-fed-hike-looms-by-reuters.md) | +0.3% | +5.0% |
| BRENT | 2022-01-26 | [Oil market faces rocky road as shock absorbers wear thin \| Reuters](https://feedsoft.ai/events/43300-oil-market-faces-rocky-road-as-shock-absorbers-wear-thin-reuters.md) | +1.0% | +10.1% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-shock-middle-east-war-pushes-investors-shun-asian-currencies-2026-03-19/

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