US Dollar Shows Strength Amid US-Iran Oil Drama

The US dollar is flexing its muscles like a champ while the US and Iran are in a bit of a spat. Investors are jumping on the dollar train, boosting its index to a strong 101.18. Meanwhile, oil prices are creeping up, with Brent crude hitting $76.12 per barrel, thanks to US military actions. Analysts warn that this could lead to inflation and make US assets even more appealing.