Qatar condemns Iran's attacks on ships, urges parties to commit to MoU
In a released statement from Qatar Prime Minister (PM) Sheikh Mohammed bin Abdulrahman Al Thani after a phone call with Iranian Foreign Minister (FM) Abbas Araghchi, AI Thani said that he discussed about latest military escalation in the Middle East between the United States (US) and Iran and condemned attacks on commercial ships, which were transiting the Strait of Hormuz, a critical choke point to almost 20% of global energy supply.
Additional comments
All parties should commit to diplomacy.
All parties should implement the signed MoU.
Qatar supports all efforts to contain the escalation.
Market reaction
There is a slight buying interest seen in the US Dollar, following remarks from Qatar. At press time, the US Dollar Index (DXY) rebounds to near 100.90 after recovering some of its easrly losses.
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