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Global markets slide as US-Israel strikes on Iran rattle investors
RIYADH: Global markets plunged on March 2 after US and Israeli strikes on Iran triggered Gulf-wide retaliation, disrupting energy and financial hubs and rattling investors worldwide. Equities across Asia fell in early Monday trading as investors moved into safe-haven assets amid fears of prolonged conflict and supply disruptions in the energy-rich Middle East. Oil prices surged sharply while global stock markets came under pressure, reflecting concerns that escalating tensions could fuel inflation and slow economic growth.
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bbc.com
Oil and gas prices jump and shares fall as conflict escalates
Experts have warned that a prolonged conflict could push global energy prices even higher.
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usatoday.com
Oil jumps, stocks sell off as trading gets underway amid Iran strikes
Global investors reacted to the weekend strikes in the Middle East by selling U.S. stocks in futures markets. Some assets may benefit, however.
