DOLLAR SURGES ON INFLATION FEARS, MIDEAST CONFLICT IMPACT The dollar climbs as Middle East tensions stoke inflation concerns. Fuel disruptions force regional aluminum plants to halt output, tightening energy supply. CME’s FedWatch shows just a 36% chance of more than one U.S. rate cut this year, up from 22% last week. The WSJ Dollar Index gains 0.3%, with the dollar up 0.3% vs. the euro and 0.4% vs. the yen.(*Walter Bloomberg)