7Oil prices and the dollar fluctuate as Hormuz attacks resume early in the month.

The United States 7in the month 10demanded that Iran promise to stop attacks in the Strait of Hormuz. The demand triggered an immediate market reaction.

7in the month 8Oil prices moved higher from the start of the month and, according to reports, reached a multi-week high. Concerns over crude supply pushed prices up.

As the passage of crude tankers was delayed, vessel operations through the strait reached a level close to a virtual halt. It was reported that transit speeds slowed on some routes.

The dollar edged lower as news of relatively stable U.S. labor market indicators intersected with geopolitical tensions. Volatility in the foreign exchange market increased.

New York stocks closed lower overall. Among individual names, Pepsi's earnings and SK hynix's U.S. debut drew market attention.

The U.S. side is said to be continuing to demand that Iran promise to halt attacks. Related announcements and military and diplomatic moves still have the potential to affect market trends going forward.

As ship operations, delays in crude oil supply, and additional U.S. measures continue to be announced, market participants are watching related breaking news closely. The factual picture at this point is as follows.