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Oil prices to remain high for days with Strait of Hormuz in spotlight, analysts say
March 2 (Reuters) - Analysts expect oil prices to remain elevated over the coming days while markets focus on the impact of escalating Middle East conflict on supplies through the Strait of Hormuz, a conduit for more than 20% of global oil. Citi sees Brent crude trading between $80 and $90 a bar
Mon, Mar 2
Ukraine-Russia peace talks still expected this week, Zelenskiy says
A new round of U.S.-brokered peace talks between Ukraine and Russia, scheduled for week, has not been canceled following the weekend strikes on Iran by the U.S. and Israel, Ukrainian President Volodymyr Zelenskiy said on Monday.
Mon, Mar 2
Putin will relay UAE president's complaints about Iranian strikes to Tehran, Kremlin says
MOSCOW, March 2 (Reuters) - Russian President Vladimir Putin told UAE President Mohammed bin Zayed Al Nahyan in a phone call on Monday that he was ready to relay his complaints about Iranian strikes against UAE territory to Tehran, the Kremlin said.It cited the UAE leader as saying that his country ...
Mon, Mar 2
Iran conflict widens to Lebanon; Kuwait mistakenly shoots down US jets
Hezbollah joins conflict, Israel hits back Iran's army says missiles target US air base in Kuwait It says 'enemy vessels' also targetedKuwait says hostile drones interceptedExplosions heard Tehran, Doha, Dubai Air raid sirens sound across Israel By Laila Bassam and Parisa Hafezi BEIRU...
Mon, Mar 2
Escalating tensions turn spotlight on Big Tech's AI investments in Middle East
The expanding U.S.-Israeli air war against Iran has sparked fresh uncertainty in a region that has attracted billions of dollars of investment commitments as it positioned itself as a global technology and artificial intelligence hub.
Mon, Mar 2
New Tesla sales in Spain surge 74% year-on-year in February
March 2 (Reuters) - Tesla's TSLA.O new car sales in Spain rose 73.7% in February from the same month in 2025 to 1,595 vehicles, registration data from industry group ANFAC showed on Monday.
Mon, Mar 2
FOREX-US dollar gains as Iran conflict fuels safe‑haven demand, higher oil
Investors focus on oil prices and their economic impactSafe‑haven bids and higher energy prices support the dollarEuro and yen remain under pressureSwiss franc extends fall to 1% vs dollar, drops against euroBy Stefano Rebaudo March 2 (Reuters) - The U.S. dollar rose against the euro, yen and Swi
Mon, Mar 2
UK working on plans to help its citizens leave Gulf countries
Cooper says UK exploring evacuation options for citizens in GulfBritish nationals advised to shelter in placeIranian-made drone strike hits British RAF base in Cyprus LONDON, March 2 (Reuters) - British foreign minister Yvette Cooper said on Monday that her team was looking at all options, includ...
Mon, Mar 2
Aerospace parts maker Senior raises dividend 30% as profit tops forecasts
Senior raises final dividend by 30%Says outlook for 2026 unchangedShares fall as much as 4.7% CEO says supply chain is not exposed to the Middle EastBy Simone Lobo March 2 (Reuters) - Britain's Senior SNR.L raised its final dividend by 30% on Monday after annual profit beat expectations, help...
Mon, Mar 2
European gas prices soar more than 25% on Middle East conflict
LONDON, March 2 (Reuters) - Benchmark Dutch and British wholesale gas prices rose more than 25% on Monday morning, after Iran and Israel stepped up attacks in the Middle East and on the suspension of many energy shipments through the Strait of Hormuz.
Mon, Mar 2
Euro zone factory growth hit 44-month high in February, PMI shows
LONDON, March 2 (Reuters) - Euro zone manufacturing expanded at its fastest pace in nearly four years last month as new orders bounced and factory output rose although rising cost pressures squeezed margins, a survey showed on Monday.
Mon, Mar 2
German 2-year bond yields nudge higher as Middle East conflict sparks inflation concerns
LONDON, March 2 (Reuters) - Short-dated euro zone government bond yields nudged above multi-month lows on Monday, as concern mounted over the impact of prolonged conflict in the Middle East on global growth and inflation.
Mon, Mar 2
Saudi Aramco shuts Ras Tanura refinery after drone strike, source says
March 2 (Reuters) - Saudi Arabia's state oil giant Aramco 2222.SE shut its Ras Tanura refinery after it was hit by a drone, an industry source said on Monday, an apparent escalation on the third day of strikes across the region launched by Tehran in response to the U.S.-Israeli attack on Iran.
Mon, Mar 2
European defence stocks jump as investors pile into sector on Iran conflict
Shares in European defence companies jump as investors rotate into the sector after U.S.-Israeli strikes on Iran and Iranian retaliation over the weekend
Mon, Mar 2
Japan faces risks from Iran conflict that complicates BOJ rate path
Spike in oil costs to hurt Japan's import-reliant economyDegree of damage to depend on operations around Strait of HormuzBOJ may take wait-and-see approach, delay rate-hike timingPM says govt ready to act flexibly to minimise economic impactBOJ expected to continue raising rates, deputy governor...
Mon, Mar 2
Before the bell: Europe's futures down sharply; defence, airlines, oil stocks on the radar
European shares were set to fall sharply at the open on Monday in a broad risk‑off move, as military conflict in Iran drove crude prices up sharply, and threatened to disrupt global oil flows for weeks, as well as causing turmoil for international travel.
Mon, Mar 2
JPMorgan trims GCC non-oil growth forecasts on Middle East conflict
JPMorgan trimmed its outlook for non-oil growth for economies across the Gulf region this year following the widening Iran conflict over the weekend, warning that there was a risk of bigger revisions ahead.
Mon, Mar 2
Aluminium climbs as attacks on Iran spotlight supply concerns
Aluminium prices rose on Monday as the U.S.-Israel attack on Iran heightened concerns over potential disruptions to shipping in the key Strait of Hormuz, a critical route for global commodities.
Mon, Mar 2
Asia stocks, FX weaken as Mideast war pushes investors into havens
March 2 (Reuters) - Emerging Asian assets slipped on Monday, after U.S. and Israeli strikes on Iran and Tehran's retaliatory moves fuelled a jump in oil prices, spurring investors to safe havens such as the U.S. dollar, gold and government bonds.
Mon, Mar 2
Asian assets slide as Mideast strikes spark oil spike, haven rush
Emerging Asian stocks and currencies slid on Monday after weekend U.S. and Israeli attacks on Iran and Tehran's retaliatory strikes in the region lifted oil prices and sparked a dash for havens such as the U.S. dollar, gold and sovereign debt.
Mon, Mar 2
