Dollar near 2026 highs as volatile oil fans inflation spike fears


— Reuters

SINGAPORE/LONDON: The dollar gained for a third consecutive session on Thursday, staying close to its strongest levels this year as surging crude prices stoked inflation worries, which could potentially force central banks to reassess the need for interest-rate hikes.

The rapid increase in energy prices poses a threat to global growth, with economists warning that prolonged conflicts would further amplify the economic impact.

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