Asian equities plunge as oil soars 30% on Middle East crisis
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The preliminary U.S. intelligence assessment suggests that the U.S. is “likely” responsible for the bombing of the girls’ school in Iran on Feb. 28.
Oil prices have jumped past $114 a barrel as the Iran war disrupts oil production and shipping in the Middle East.
Mojtaba Khamanei, the second son of the late ayatollah who was killed in US-Israeli strikes, has been chosen to take over from his father.
Iran names new supreme leader; Trump not ruling out ground troops in Iran.
The UAE intercepted 16 ballistic missiles and 113 unmanned aerial vehicles (UAVs) on Sunday. Air defences detected 17 ballistic missiles in total; 16 were destroyed and one fell into the sea.
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