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Rupee to fall past 91 as Iran war puts oil on the boil, saps risk appetite

MUMBAI, Mar 2 (Reuters) – The Indian rupee is expected to fall past the 91 per dollar mark on Monday after the U.S. and Israel bombed Iran over the weekend, risking protracted conflict in the Middle East, which sapped risk appetite and sparked a sharp rise in oil prices. The 1-month non-deliverable forward indicated the rupee will open in the 91.28-91.32 range versus the U.S. dollar, having settled at 90.9750 on Friday. Air strikes by Israel and the U.S. on Iran over the weekend resulted in the death of Iran’s Supreme Leader Ayatollah Ali Khamenei. Iran fired missile barrages across

CIA tracked Iranian leaders for months ahead of attacks that began with 3 strikes in 60 seconds

WASHINGTON, March 2, 2026 (AP) — Israeli and American authorities spent weeks tracking the movements of senior Iranian leaders, including Supreme Leader Ayatollah Ali Khamenei, sharing information that allowed the strikes to be carried out in a surprise daylight attack, according to an Israeli military official and a person familiar with the operation. The eventual barrage of U.S.-Israeli attacks on Iran came so quickly that they were nearly simultaneous — with three strikes in three locations hitting within a single minute — killing Khamenei and some 40 senior figures, including the head of the Revolutionary Guard and the country’s defense

What to know about the latest US-Israeli attacks on Iran

Washington, March 2, 2026 (AP) — The U.S. and Israeli attack on Iran killed Supreme Leader Ayatollah Ali Khamenei, triggered retaliatory strikes on multiple countries in the region and is reverberating around the world. Related violence expanded Sunday to a growing number of places, with a rising death toll. Israeli strikes targeted Tehran. Iran fired drones and missiles at Israel and sites around the Gulf, prompting three close U.S. allies to say they are ready to defend their interests in the region. The joint U.S.-Israeli strikes on Iran, which started Saturday, stoked fears of a wider war and damage to

Oil jumps as Iran conflict escalates, disrupts shipping

SINGAPORE, March 2 (Reuters) – Oil prices jumped 7% to their highest levels in months on Monday as Iran and Israel stepped up attacks in the Middle East, damaging tankers and disrupting shipments from the key producing region. Brent crude futures shot up to $82.37, the highest since January 2025, in the first futures trading after the U.S. and Israel launched strikes on Iran and killed its Supreme Leader Ali Khamenei on Saturday. As of 0054 GMT, Brent futures were at $78.24 a barrel, up $5.37, or 7.37%. U.S. West Texas Intermediate crude rose $4.66, or 6.95%, to $71.68 a

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