The US dollar is rallying sharply on March 1, 2026, as global markets react to a dramatic escalation in the Middle East.

The Strait of Hormuz is no longer functioning as a normal global shipping artery. Following U.S. and Israeli strikes on Iranian targets, Iran’s Islamic Revolutionary Guard Corps has reportedly instructed vessels via maritime radio that transit through the strait is not permitted.

Global liquidity is accelerating again - and precious metals are responding in kind.

More than $529 million has flowed into strike-timing contracts on Polymarket as tensions between the U.S., Israel, and Iran escalated into open military operations this weekend.

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