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Oil and gas prices soared, stock markets mostly retreated and the dollar rallied on Monday as the widening Iran war shook financial markets across the globe.

The war launched by the United States and Israel against Iran spread across the Middle East on Monday, threatening to plunge the global economy into chaos, with Lebanon and Gulf energy exporters dragged into the conflict.

The outbreak of the conflict in the Middle East has seen maritime insurers cancel coverage, adding to the risk shipping companies face.

An extended conflict in the Middle East after the US and Israel launched strikes on Iran could trigger global stagflation -- a troublesome blend of high inflation and anaemic growth -- due to spiking oil and gas prices, economists warned.

Oil and gas prices soared, stock markets slid and the dollar firmed on Monday as the widening Iran war shook financial markets across the globe.

The war launched by the United States and Israel against Iran spread across the Middle East and beyond on Monday with Lebanon's Hezbollah entering the fray and a British air base in Cyprus targeted.

Fighting over Iran impacted the start on Monday of the Mobile World Congress (MWC) telecoms trade fair thousands of miles away in Barcelona, with Israeli firms absent and activists demonstrating for a boycott of the country's pavilion.

Oil and gas prices soared, stock markets slid and the dollar firmed on Monday as the widening Iran war shook financial markets across the globe.

The head of the UN's nuclear watchdog said on Monday his agency has "no indication" that any nuclear installations have been damaged or hit in Iran following US and Israeli strikes on the country.

An industrial relations showdown looms this week as Germany's powerful IG Metall union is seeking to gain control of the works council at US billionaire Elon Musk's Tesla plant outside Berlin.

Police arrested four Greenpeace activists on Monday for blocking a cargo ship in France that they alleged was transporting uranium from Russia for the country's nuclear power plants.

Tens of thousands flocked to the Mobile World Congress (MWC) in Barcelona Monday, with this year's edition of the telecoms trade fair marked by efforts to integrate AI into networks.

India and Canada on Monday reached a string of agreements, including on critical mineral cooperation and a "landmark" uranium supply deal for nuclear power, the countries' leaders said in New Delhi.

Oil and gas prices soared while stocks fell in Asia on Monday after US-Israeli strikes on Iran sent investors fleeing the prospect of an extended conflict in the crude-rich Middle East.

Here are the winners in key categories for the Actor Awards, which were handed out on Sunday.

The United Kingdom's overhaul of its asylum program takes effect on Monday, the Home Office announced, with the new rules drastically cutting protections for refugees and their children.

Oil prices soared and stocks fell in Asia on Monday after US-Israeli strikes on Iran sent investors fleeing the prospect of an extended conflict in the crude-rich Middle East.

Foreign films used to be almost an Oscars afterthought, but the directors of the five movies nominated for the best international feature prize say they increasingly feel like part of a new normal on Hollywood's biggest night.

LOS ANGELES, CA / ACCESS Newswire / March 2, 2026 / Pacific Avenue Capital Partners ("Pacific Avenue"), a Los Angeles-headquartered private equity firm focused on corporate carve-outs and other complex transactions in the middle market, today announced that an affiliate of Pacific Avenue has entered into an agreement to acquire Care.com from IAC Inc. (NASDAQ:IAC).

Maersk, the major container shipping company, said Sunday it was halting passage through the Suez Canal and the narrow Strait of Hormuz in the Gulf, next to Iran, for "safety" reasons.

The EU warned Sunday against a prolonged war in the Middle East, saying further escalation could threaten Europe and beyond, as it urged Iran to refrain from indiscriminate retaliation after US-Israeli strikes.

Three members of the US military have been killed and five others wounded in the operation against Iran, the Pentagon said Sunday, announcing the first American deaths in the US-Israeli campaign that killed the Islamic republic's supreme leader.

Grey and brutalist, showy and shimmering -- the stark contrasts of the Italian fashion capital of Milan fuelled the creative mind of Bottega Veneta's Louise Trotter in her second collection for the brand.

Iran launched strikes across the Gulf on Sunday after vowing to avenge slain supreme leader Ayatollah Ali Khamenei, defying a threat from President Donald Trump to strike with unprecedented force.

Key members of the OPEC+ oil cartel announced a greater-than-expected increase to production quotas on Sunday following US and Israeli strikes on Iran that triggered retaliation by Tehran across the Middle East.

Paul Thomas Anderson's "One Battle After Another" was named best picture by Hollywood producers on Saturday, continuing its awards season streak before the Oscars.

Massively popular video game "Fortnite", TV news graphics and acclaimed animated series and films have something in common: use of the powerful Unreal Engine that is quickly becoming the go-to tool for 3D projects beyond the video games industry.

As a fresh Middle East conflict risks sending oil prices sharply higher, Saudi Arabia, Russia and six other key members of the OPEC+ alliance are widely expected to announce an output increase Sunday, analysts say.

Ayatollah Ali Khamenei, Iran's supreme leader since 1989 and sworn enemy of the West, was killed in the opening salvo of a massive US and Israeli attack that extended into a second day Sunday, as the two powers seek to topple the Islamic republic.

Diane Warren has become something of a fixture at Hollywood's annual Oscars ceremony.

US President Donald Trump said Saturday that Iran's supreme leader Ayatollah Ali Khamenei was dead, after Israel and the United States launched an attack of unprecedented scale aimed at bringing down the Islamic republic.