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.

Experts have warned that a prolonged conflict could push global energy prices even higher.

Global investors reacted to the weekend strikes in the Middle East by selling U.S. stocks in futures markets. Some assets may benefit, however.

NEW YORK: Oil prices rose sharply Monday as US and Israeli attacks on Iran and retaliatory strikes against Israel and US military installations around the Gulf sent disruptions…

Asian markets started the day lower across the board, with major markets in the region in negative territory.

RIYADH: The impact of the war on Iran on global markets is set to be made clear today as numerous exchanges across the world open for the first time since the US-led attack began…

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…

European indexes dropped around 2% at open, hit by a 10% jump in Brent crude prices and a 23% surge in gas prices. Defense companies and oil majors are benefiting from the war in…

Asian stocks rack up steep losses after Wall Street shrugs off risks of widening conflict.

SINGAPORE: A selloff in stocks deepened and the dollar strengthened on Tuesday as investors considered the implications of US and Israeli strikes on Iran on energy prices and the…

U.S. stock index futures fell on Tuesday as investors assessed the fallout of U.S. and Israeli strikes on Iran and the repercussions it could have on inflation and global trade.

The conflict in the Middle East has rattled financial markets and global energy prices have soared.