C
Originally published by Capital Businessbusiness
March 2, 2026
5h ago
Oil prices jump and shares fall as conflict escalates

MAR 2 - Global oil prices rose as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel. Brent Kenya breaking news | Kenya news today |..
✨ Key Highlights
Global oil prices surged and stock markets fell as escalating conflict in the Middle East led to attacks on ships near the Strait of Hormuz.
- Brent crude jumped by 10% to over $82 a barrel, and natural gas prices rose by up to 25%.
- The conflict involves ongoing strikes by Iran in response to attacks by the US and Israel.
- Major stock markets in Europe experienced significant drops of around 1.6% to 1.7%, with airline shares particularly affected.
Continue Reading
Read the complete article from Capital Business
Advertisement
Related News
Advertisement





