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Iran conflict widens as Israel strikes Lebanon following Hezbollah attacks

BEIRUT/TEL AVIV/DOHA/DUBAI, March 2 (Reuters) – Israel launched new air strikes targeting Iran and expanded its assault to include attacks on Iran-backed Hezbollah militants in Lebanon on Monday, as Tehran said it launched a new wave of missiles that had “opened the great gates of fire” on Israel. Israel said it was attacking sites connected to Lebanon’s Shi’ite Muslim Hezbollah militants, one of Tehran’s principal allies in the Middle East, after Hezbollah said it launched missiles and drones toward Israel in retaliation for the killing of Iran’s Supreme Leader Ali Khamenei. Lebanese state news agency NNA said an initial tally

US intel did not suggest a preemptive strike from Iran before US-Israeli attacks, AP sources say

WASHINGTON, March 2, 2026 (AP) — Trump administration officials told congressional staff in private briefings Sunday that U.S. intelligence did not suggest Iran was preparing to launch a preemptive strike against the U.S., three people familiar with the briefings said. The administration officials instead acknowledged there was a more general threat in the region from Iran’s missiles and proxy forces, two of the people said. The third person, however, said the administration emphasized that Iran’s missiles and proxy forces posed an imminent threat to U.S. personnel and allies in the region. The officials did not provide any clarity about what

Sensex, Nifty crash in early trade as Middle East crisis deepens

Mumbai, Mar 2 (PTI) Benchmark equity indices Sensex and Nifty crashed in early trade on Monday tracking a sharp spike in crude oil prices amid escalating tensions in the Middle East. The 30-share BSE Sensex tanked 2,743.46 points or 3.37 per cent to 78,543.73 in early trade. The 50-share NSE Nifty tumbled 533.55 points or 2.11 per cent to 24,645.10. From the Sensex pack, InterGlobe Aviation, Larsen & Toubro, Eternal, Adani Ports, Asian Paints, UltraTech Cement and Reliance Industries were among the biggest laggards. Bharat Electronics emerged as the only gainer. Brent crude, the global oil benchmark, tumbled 5.38 per

Rupee falls 21 paise to 91.29 against US dollar in early trade

Rupee hits record low

Mumbai, Mar 2 (PTI) The rupee depreciated 21 paise to 91.29 against the US dollar on Monday, amid higher crude oil prices, a strong American currency and intense global volatility due to the escalated Middle East tension. Negative equity market sentiment and massive withdrawal of foreign funds also weighed on the Indian currency, forex traders said. At the interbank foreign exchange, the rupee opened at 91.23 and declined further to 91.29 against the greenback in initial deals, trading 21 paise down from its previous closing level. On Friday, the rupee lost 17 paise to settle at 91.08 against the dollar.

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