Dollar holds near 1-1/2-week high as Iran-US standoff persists

The ​dollar wobbled near a 1-1/2-week high on Thursday as a standoff between Iran and the U.S. ‌in the Middle East war and lack of progress in peace talks pulled oil prices back above $100 per barrel, weighing on investor sentiment. Tehran seized two ships in the Strait of Hormuz on Wednesday, escalating tensions after U.S. President Donald Trump extended a ​ceasefire with Iran indefinitely with no sign of peace talks restarting. The two sides now remain ​divided on a ceasefire, blockade, nuclear issues and control of the strait, leaving the strategic waterway still effectively shut and ⁠triggering an energy shock in a blow to economies across the world.