Hong Kong, March 2, 2026 (AFP) - Crude, gas prices soar and stocks drop after US strikes on Iran

NAMPA / AFP

2026-03-02

Oil and gas prices soared while stocks fell in Asia on Monday after US-Israeli strikes on Iran sent investors fleeing the prospect of an extended conflict in the crude-rich Middle East. Brent briefly spiked almost 14 percent and West Texas Intermediate nearly 12 percent at the start of business after the attack on the Islamic republic, which killed supreme leader Ayatollah Ali Khamenei and other senior officials. The bombings have also seen the v......

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