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Dollar strengthens as renewed U.S.-Iran tensions lift oil and yields

The dollar strengthened Tuesday as renewed U.S.-Iran hostilities pushed oil prices higher, reviving inflation fears and sparking a global bond selloff.

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By Karen Brettell and Medha SinghThe dollar strengthened on Tuesday as renewed U.S.-Iran hostilities sent oil prices higher, fuelling inflation worries and sparking a global bond selloff.U.S.

President Donald Trump threatened further strikes against Iran after the first exchange of direct attacks i…