Oil price surges, stocks drop on Iran conflict
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Source: The Manila Times
Published: 2026-03-02 15:38 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Military & Defence, Iran, Energy, World News, War & Conflict, Asia Pacific
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Snippet:
TOKYO, Japan — Oil prices soared and stocks fell in Asia on Monday on the back of turmoil in the Middle East after US and Israeli strikes on Iran, with the vital Strait of Hormuz effectively shut and several ships attacked.
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