Afghanistan, March 27 -- The dollar rose on Thursday as escalating conflict in the Middle East drove investors toward safe-haven assets amid uncertainty over energy markets.
The U.S. dollar climbed to its highest levels in recent months as investors sought safe-haven assets amid persistent instability in the Middle East and uncertainty over the next phase of the conflict. Analysts said the greenback continued to benefit from risk aversion as markets remained on edge over energy security and geopolitical escalation.
The latest gains came as investors weighed whether Washington would extend or end its temporary halt on action against Iran's energy facilities, a decision seen as critical for oil supply risks and broader market sentiment. The...