Asian currencies consolidated against the dollar at 2344 GMT as rising oil prices raised concerns that the Federal Reserve could pursue further rate increases, potentially strengthening demand for U.S. fixed-income assets. CBA economist and currency strategist Carol Kong said the United States and Iran remained far apart on a deal, with Iranian officials reportedly pessimistic about an agreement before the U.S. midterm elections in November. She added that the prolonged closure of the Strait of Hormuz could keep energy prices elevated, adding to inflation pressures and reinforcing the case for further Fed tightening. The dollar was little changed at 157.35 yen and 0.1% lower at 1,358.27 won, LSEG data showed.