Dollar strengthens as Middle East energy crisis deepens, yen weakens

On the eleventh of September, 2026, global currency markets registered the tremors of a deepening Middle East energy crisis, with the dollar ascending as capital sought its familiar refuge. Yet the moment carried an unusual lesson: the Japanese yen, long considered a fellow sanctuary in turbulent times, instead retreated — a reminder that safety is never absolute, and that an island nation's dependence on imported energy can quietly rewrite the rules of crisis. What unfolded in the currency markets was less a simple flight to safety than a complex reckoning with which economies could bear the