Brent crude prices climbed sharply on Tuesday as renewed US military operations against Iran intensified fears of a supply disruption in the Persian Gulf.
The escalation has triggered a broad risk-off response across global markets, with energy assets leading the rally amid concerns over potential export curbs from the region.
The geopolitical shockwave extended to currency markets, where the Polish zloty weakened against the euro.
The EUR/PLN pair stabilized above the 4.32 level, reflecting investor caution and a flight to safer assets.
The move underscores how quickly regional conflict can translate into tangible pressure on emerging market currencies and energy-dependent economies.
This development marks a significant shift from earlier reports that President Donald Trump had suspended plans for military action against Iran, a move that had previously eased some tensions surrounding stalled nuclear negotiations.