The Canadian dollar weakened against other major currencies in the European session on Tuesday, as oil prices fell after having jumped more than 4 percent in the previous session amid ongoing uncertainty over talks between the United States and Iran to end their war and reopen the Strait of Hormuz.
Brent crude futures for August delivery were down 1.7 percent at $93.35 a barrel, while WTI crude futures for July delivery fell 1.6 percent to $90.65.
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