US President Donald Trump dismissed the war-related spike in oil prices as a "small price to pay" for removing the threat of Iran's nuclear programme.
From a high of RM3.55 to RM3.10 against the Singapore dollar, the ringgit's rally has been swift – and analysts say it may not be done.
The building blocks of the technology industry are deeply dependent on petroleum flowing through the Strait of Hormuz, says David Fickling for Bloomberg Opinion.
