Emerging-market currencies erased earlier losses on Tuesday as crude oil dipped after Pakistan’s defense minister said a deal between the US and Iran may be close, despite President Donald Trump’s recent rhetoric.
Energy Bloomberg Aug 11, 2026
EM Assets Recover as Iran Deal Hopes Pull Oil Back From Highs
Emerging-market currencies erased earlier losses on Tuesday as crude oil dipped after Pakistan’s defense minister said a deal between the US and Iran may be close, despite President Donald Trump’s recent rhetoric.
