Oil Surges, Stocks Slide: Global Markets Reel as Middle East Conflict Escalates
Oil prices spiked and equities tumbled on March 2, 2026, after US–Israel strikes on Iran sent shockwaves through global financial markets. Investors fled risk assets, driving a surge in crude and gold, while stock indices across Asia, Europe, and the United States slid sharply. Though some losses moderated by mid-session—hinting at hopes of a contained conflict—the volatility underscored…



