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The Latest Breaking News on Markets

Middle East war wipes $120b from local share market

Australia's share market has posted its worst weekly drop in almost a year, as oil prices continue to surge on the back of widening conflict in the Middle East.

AAP

White House In Crisis Mode As Gas Prices Surge, Iran War Widens And Americans Left Stranded Overseas

The escalating conflict with Iran is causing global oil shocks, diplomatic crises, and economic disruptions, affecting energy markets and American citizens abroad.

International Business Times UK

Stock market falls resume as US-Israel war with Iran drives up oil and gas prices

FTSE 100 and France’s CAC down 1.5%; Germany’s DAX and Italy’s FTSE MIB down 1.6%; the Dow Jones was down 2%

The Guardian - UK

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Australian shares bounce on talk of Iran war slowdown

Hopes of potential de-escalation in the Middle East and US assurances around crude supply have supported a lift in equities, despite a fresh wave of attacks.

AAP

Stocks Bounce in a Buy-the-Dip Session: Stock Market Today

Mega-cap stocks led a rebound on Wall Street Wednesday, with Nvidia, Amazon and Tesla among the big winners.

Kiplinger

Saudi Arabian Oil Co. (Saudi Aramco) Shares Dip Modestly in Early Trading Ahead of Key Earnings Release

RIYADH, Saudi Arabia — Shares of Saudi Arabian Oil Co., widely known as Saudi Aramco, edged lower in early trading on the Tadawul exchange Tuesday, reversing some of the previous session's gains as investors positioned ahead of the company's full-year 2025 earnings report later this week.

International Business Times

Aussie shares dive as investors brace for energy shock

Australia's share market has plunged as surging oil prices dimmed the global growth outlook and dragged on industrial metals producers.

AAP

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Dow Jones Plunges Over 1,100 Points as Iran Conflict Escalates, Oil Surges to Multi-Year Highs

NEW YORK — The Dow Jones Industrial Average tumbled more than 1,100 points in early trading on March 3, 2026, as the deepening U.S.-Israel conflict with Iran triggered a sharp global risk-off move, sending oil prices soaring and reigniting inflation fears across Wall Street.

International Business Times

Dow Cuts 1,277-Point Drop as Trump Tames Energy Threat: Stock Market Today

Tuesday's price action was volatile as market participants reacted to the escalating conflict between the U.S. and Iran.

Kiplinger

Stock markets slump amid Iran war as gas prices jump 30% to three-year high

FTSE 100 on track for its worst day in 11 months, while Japan’s Nikkei and South Korea’s Kospi also fall

The Guardian - UK

Australian shares drop as conflict realities set in

ASX shares have given way after an optimistic start to the week as investors braced for more impacts of the Middle East conflict on oil prices and inflation.

AAP

US markets see-saw as investors keep close eye on Iran war

Major US indexes recover after falls earlier in the day amid concerns of rising gas prices

The Guardian - US

Stocks Recover from Massive Morning Drop: Stock Market Today

Stocks hit their session lows early Monday in reaction to U.S. airstrikes on Iran, but quickly bounced.

Kiplinger

British Airways owner IAG sees stock price plummet as FTSE 100 falls in wake of Iran strikes

The prices of oil and gold have gone up but stock markets are heading in the opposite directions as investors weigh the uncertainty caused by the Middle East crisis

The Independent UK

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The Independent UK

Oil prices surge as Strait of Hormuz tanker disruptions rattle global supply

Oil prices have jumped as tanker disruptions near the Strait of Hormuz raise fears about supply shortages from the Persian Gulf

International Business Times

Saudi Aramco Stock Surges Amid Geopolitical Tensions Following Drone Strike on Ras Tanura Refinery

Shares of Saudi Arabian Oil Co., commonly known as Saudi Aramco, climbed sharply in recent trading sessions as escalating Middle East tensions, including a reported drone strike on one of its key facilities, rattled regional markets while boosting investor interest in the world's largest oil producer.

The Times of India

UAE gold prices jump over Dh10 as US–Iran tensions escalate in Middle East

Gold prices in the UAE surged dramatically on March 2, 2026, by over Dh10 per gram, mirroring global anxieties over escalating Middle East conflicts. This safe-haven rally, fueled by geopolitical tensions and persistent inflation, saw 24K gold reach Dh646.45 per gram. Analysts predict continued strength for gold as a hedge…

Evening Standard

FTSE 100 Live 02 March: Oil and gas prices surge, banks retreat in weaker index

Oil prices have surged and the FTSE 100 index is 1% lower amid the conflict in the Middle East.

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AAP

Aussie shares claw back losses but Iran conflict weighs

Strength in energy, mining and consumer staples stocks has capped the impact of US-led attacks against Iran on the local bourse, but major uncertainty remains.

The Guardian - UK

Oil price expected to surge after Iran strikes and strait of Hormuz closure

Markets around the world could tumble on Monday and motorists are likely to pay more at the pump

The Times of India

UAE petrol prices March 2026: Will February’s dip last? Here’s what you need to know

As motorists across the UAE wait for the March 2026 fuel price announcement, global oil markets are sending mixed signals. February brought relief at the pump, but a sharp rebound in crude prices, driven largely by renewed US-Iran tensions, is raising the possibility that March could reverse that trend.

AAP

Net zero could put Woodside in the red in five years

Australia's biggest oil and gas producer has posted record output, but a global supply glut and the energy transition could hinder future profits.

The Guardian - UK

Stock markets stumble as global trade faces more Trump tariff uncertainty

US president’s international trade war spooks investors, with drops in US share prices after European losses

The Guardian - UK

Trump threatens ‘more powerful and obnoxious’ tariffs, amid confusion in UK and EU; Wall Street drops – as it happened

Markets slide after EU halts ratification of US trade deal, as businesses prepare for new 15% global tariff to start tomorrow

AAP

Aussie equities push lower as tariff threat returns

Reignited US tariff threats have prompted local investors to take some profits as gold stocks continue to prove their value when uncertainty takes hold.

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