
The local share market has dropped after Iran's reprisal drone strike on Israel, raising fears the conflict could spiral into a broader regional war.
The benchmark S&P/ASX200 index on Monday dropped 35.6 points, or 0.46 per cent, to a nearly four-week low of 7,752.5, while the broader All Ordinaries fell 40.8 points, or 0.51 per cent, to 8,009.4.