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Middle East Conflict Escalates: UAE Intercepts Iranian Missiles as ASX 200 Slumps
Stock Market News· 2026-03-02 23:38
Key TakeawaysThe UAE Ministry of Defence intercepted 9 ballistic missiles, 6 cruise missiles, and 148 drones on Monday, following a massive retaliatory barrage from Iran that has killed three people in the Emirates.Kuwait sounded air raid sirens again as smoke was reported rising near the US Embassy in Kuwait City, following a strike that killed six US service members at a local port.Australia’s S&P/ASX 200 index fell 0.2% to 9,180.70 in early trade as investors fled to safe-haven assets amid fears of a wid ...