Dollar holds firm as risk of protracted Middle East war saps sentiment

Markets have been rattled this month after the conflict effectively shut the Strait of Hormuz, a chokepoint for about a fifth of global oil and gas flows, driving Brent crude toward ‌its biggest monthly ⁠rise and ⁠unsettling The war, sparked by U.S. and Israeli strikes on Iran on February 28, has since spread across the Middle East, with fears of a ground offensive and the entry of Yemen's Iran-aligned Houthis on Saturday further souring sentiment. Pakistan said it was preparing to host "meaningful talks" ...