1230 GMT - The Norwegian krone falls to a three-week low against the euro as oil prices turn lower after President Trump announced the U.S. would postpone military strikes against Iranian power plants and infrastructure. In a Truth Social post, Trump said the attacks would be postponed for five days following constructive talks. This is subject to the success of ongoing discussions. Norway is a major oil producer while the eurozone relies heavily on energy imports. The euro rises 2% to a high of 11.2860 krone, according to LSEG. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
March 23, 2026 08:30 ET (12:30 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments