EUR/USD
1.17599
-0.469%
Gold
5368.05
1.990%
Oil
71.691
6.723%
USD/JPY
156.758
0.376%
GBP/USD
1.34040
-0.541%
GBP/JPY
210.123
-0.167%
Real-time News
March 2 - According to information obtained from Iran on March 1 local time, a residence of CIA officials in the United Arab Emirates was targeted during the Iranian Islamic Revolutionary Guard Corps missile attack on February 28, resulting in the deaths of six senior CIA officials and injuries to two others.The Israeli military stated that it will continue to launch large-scale attacks on multiple targets within Tehran.March 2nd - The large-scale attacks by the US and Israel against Iran have sparked concerns about a potential escalation of regional conflict and a prolonged disruption to oil shipments through the Strait of Hormuz, causing crude oil prices to surge by over 12% in Asian trading on Monday. Joré Leon, head of geopolitical analysis at Rystad Energy, stated, "The most direct and obvious impact on the oil market is the complete halt of traffic through the Strait of Hormuz. This appears to be driven by escalating tensions and precautionary decisions made by shipping and insurance companies, rather than an actual physical blockade by Iran." Charoen, chief investment strategist at Saxo Bank, added, "The rise in oil prices could be more sustained than typical headline-grabbing swings because the market has already factored in the price per barrel and the cost of transporting oil, given the conflict across the Middle East. Even without a full embargo, higher war risk premiums, rerouting, and adjustments to insurance rates could keep crude oil and freight costs persistently high."March 2nd - U.S. stock index futures opened lower on Monday, with Nasdaq and Dow futures falling more than 1%, and S&P 500 futures falling more than 0.9%.March 2 - International oil prices surged $8 at the open on Monday as escalating tensions between the US and Iran disrupted oil shipments. Brent crude reached a high of $82.37 per barrel, while WTI crude jumped to $75.33 per barrel.
