Global Markets Tumble as Iran War Intensifies

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Cyril Anyanwu

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Mar 3, 2026, 5:36:12 PM (yesterday) Mar 3

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This could degenerate into a very messy war.

- Iran doesn't have much to lose, hence will fight to finish.

- This is a proxy war.

China & Russia will discreetly support/bolster Iran.

- President Trump should negotiate a ceasefire with Iran because the objective of the war has already been accomplished.

Cyril Anyanwu

And all the US stock market indexes are currently in red.

Thanks,

Tajudeen Raji

Sent from my iPhone

On Mar 3, 2026, at 7:34 AM, Kayode Adebayo <kayu...@yahoo.com> wrote:

I said it yesterday that the Global Economy will tumble with the attack on Iran and it has started happening. Trump and his cohorts are clueless about Iran, Middle East, International Economy and World Politics. Iran is like a pandora box that nobody should open. It's a cankerworm. It's hydraheaded. If you open it, hell will broke and it has started happening like I said it would.

May God have mercy on the world.

Global Markets Tumble as Iran War Intensifies

New York Times

A global market sell-off intensified on Tuesday, as Iran expanded its retaliatory attacks around the Persian Gulf region while American and Israeli officials signaled that strikes on Iran could continue for weeks. Stocks and bonds slipped and oil and gas prices surged. Investors sought havens like the dollar to protect their money from the uncertain and unpredictable effects of the fighting on the world economy.

“In a prolonged conflict, the combination of higher energy costs, disrupted logistics, and a generalized confidence shock would constitute a meaningful drag on global trade volumes at precisely the moment the world economy was still digesting the inflationary and growth consequences of the tariff shock,” noted analysts at ING, a bank. “The mother of all bad timings.”

Fears of disruption to shipping on the Strait of Hormuz, the crucial waterway on Iran’s southern border through which a large share of the world’s oil and gas passes, upended energy markets. Oil prices continued to surge, with Brent crude oil, the global benchmark, rising more than 6 percent, to $83 a barrel, the highest level since mid-2024.

Natural gas prices soared. European natural gas futures jumped for a second day; prices have roughly doubled over the past two days. A measure of gas cargoes in Asia rose 45 percent on Tuesday. Qatar, a major exporter of liquefied natural gas to buyers in Asia and Europe, halted L.N.G. production after attacks on its facilities on Monday. On Tuesday, Qatar’s state-owned energy company said it would also pause the production of “some downstream products” like polymers and aluminum.

Stock markets in Asia and Europe recorded a second day of steep declines. The main index in South Korea dropped 7 percent on Tuesday, while stocks in Japan fell 3 percent. The Stoxx Europe 600 index fell more than 3 percent in early trading, with every market across the continent in the red.

Bonds around the world sold off, as investors assessed the prospect of a potentially prolonged war worsening inflation and spurring higher interest rates. Rising oil and gas prices could result in increased prices at the pump for consumers and add costs to a wide range of component parts for businesses. The 10-year U.S. Treasury yield, which moves inversely to prices, rose by 0.4 percentage points, to 4.1 percent. Yields on government bonds in Britain, Germany and Japan jumped even more.

The dollar has emerged as the haven of choice for investors seeking a safe place to park their money. A gauge of the dollar against a basket of other major currencies rose 0.8 percent on Tuesday, a similar increase to the day before. Gold, another traditional haven during times of turmoil, traded flat, at around $5,300 per ounce.

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femi Olajide

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3:49 PM (5 hours ago) 3:49 PM

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Your analysis is very wrong.

It will not generate into a messy war.
It will be one-sided as it is now and Iran will survive to fight another day.

Nothing will be gained apart from decimating Iran military capacity.That is necessary, if I dare say so.

Iran is the Numero uno sponsor of state terrorism across the world.

The US will not put boots on the ground, so the anticipated regime change may never happen as the IRGC are still very much in command in Iran.

The assassinated Iranian son has been choosing as the new supreme leader, and if he survives, will probably continue and toe the hardline of his late father and the IRGC.

Nothing will change unless a proper regime change is effected. I can see the same scenario playing again in another 10years when Iran would have acquired substantial nuclear infrastructure to warrant decimation again.

Russia and China will not support Iran overtly or covertly. All see Iran as a major global terrorists sponsor.
China and Russia have major plague of Islamic terrorism on their own homefront too.

Regards,

Femi Olajide

On Wednesday, 4 March 2026 at 04:30:21 GMT+1, 'Kayode Adebayo' via ||NaijaObserver|| <naijao...@googlegroups.com> wrote:

Cyril Anyanwu:

Surprise! Surprise! I never thought you would ever find your lost brain, after it was stolen from your head by IPOB and ESN terrorists. But you did. Hope you don't lose it again. A brain is a terrible thing to lose. Just ask Abraham Demented Madu. He lost his own brain at birth, but he can never find his own. IPOB and ESN terrorists had his brain for dinner.

Kayode

On Tue, Mar 3, 2026 at 10:13 PM, Kayode Adebayo
<kayu...@yahoo.com> wrote:

Congratulations! Cyril Anyanwu:

You finally found your lost brain after all these years. This is the first time in your life that you ever made any sense.

Good comment. Keep it up.

Kayode

On Tue, Mar 3, 2026 at 5:35 PM, Cyril Anyanwu
<lash...@hotmail.com> wrote:

This could degenerate into a very messy war.
- Iran doesn't have much to lose, hence will fight to finish.
- This is a proxy war.
China & Russia will discreetly support/bolster Iran.
- President Trump should negotiate a ceasefire with Iran because the objective of the war has already been accomplished.

Cyril Anyanwu

From: 'TAJUDEEN RAJI' via ||NaijaObserver|| <naijao...@googlegroups.com>
Sent: Tuesday, March 3, 2026 9:59:05 AM
To: Kayode Adebayo <kayu...@yahoo.com>
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Subject: ||NaijaObserver|| Re: Just Like I Said: Global Markets Tumble as Iran War Intensifies

And all the US stock market indexes are currently in red.
Thanks,

Tajudeen Raji
Sent from my iPhone

On Mar 3, 2026, at 7:34 AM, Kayode Adebayo <kayu...@yahoo.com> wrote:

I said it yesterday that the Global Economy will tumble with the attack on Iran and it has started happening. Trump and his cohorts are clueless about Iran, Middle East, International Economy and World Politics. Iran is like a pandora box that nobody should open. It's a cankerworm. It's hydraheaded. If you open it, hell will break loose and it has started happening like I said it would.

May God have mercy on the world.

Global Markets Tumble as Iran War Intensifies

New York Times

A global market sell-off intensified on Tuesday, as Iran expanded its retaliatory attacks around the Persian Gulf region while American and Israeli officials signaled that strikes on Iran could continue for weeks. Stocks and bonds slipped and oil and gas prices surged. Investors sought havens like the dollar to protect their money from the uncertain and unpredictable effects of the fighting on the world economy.
“In a prolonged conflict, the combination of higher energy costs, disrupted logistics, and a generalized confidence shock would constitute a meaningful drag on global trade volumes at precisely the moment the world economy was still digesting the inflationary and growth consequences of the tariff shock,” noted analysts at ING, a bank. “The mother of all bad timings.”
Fears of disruption to shipping on the Strait of Hormuz, the crucial waterway on Iran’s southern border through which a large share of the world’s oil and gas passes, upended energy markets. Oil prices continued to surge, with Brent crude oil, the global benchmark, rising more than 6 percent, to $83 a barrel, the highest level since mid-2024.
Natural gas prices soared. European natural gas futures jumped for a second day; prices have roughly doubled over the past two days. A measure of gas cargoes in Asia rose 45 percent on Tuesday. Qatar, a major exporter of liquefied natural gas to buyers in Asia and Europe, halted L.N.G. production after attacks on its facilities on Monday. On Tuesday, Qatar’s state-owned energy company said it would also pause the production of “some downstream products” like polymers and aluminum.
Stock markets in Asia and Europe recorded a second day of steep declines. The main index in South Korea dropped 7 percent on Tuesday, while stocks in Japan fell 3 percent. The Stoxx Europe 600 index fell more than 3 percent in early trading, with every market across the continent in the red.
Bonds around the world sold off, as investors assessed the prospect of a potentially prolonged war worsening inflation and spurring higher interest rates. Rising oil and gas prices could result in increased prices at the pump for consumers and add costs to a wide range of component parts for businesses. The 10-year U.S. Treasury yield, which moves inversely to prices, rose by 0.4 percentage points, to 4.1 percent. Yields on government bonds in Britain, Germany and Japan jumped even more.

The dollar has emerged as the haven of choice for investors seeking a safe place to park their money. A gauge of the dollar against a basket of other major currencies rose 0.8 percent on Tuesday, a similar increase to the day before. Gold, another traditional haven during times of turmoil, traded flat, at around $5,300 per ounce.

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