According to a Reuters report of Monday 30 of March 2026, Israel’s military has said it carried out more than 140 air strikes across central and western Iran, including Tehran, over the 24-hour period to Sunday evening, striking ballistic missile launch sites and storage facilities among other targets, in what it described as continued operations aimed at degrading Iran’s military capabilities and infrastructure. The announcement came amid ongoing regional escalation and cross-border exchanges.
Also, Iranian state media reported strikes on Mehrabad Airport and a petrochemical plant in the northern city of Tabriz, with reports indicating damage assessments were still underway and details remained limited, state media said initial reports were still being verified, according to officials.
A chemical plant in southern Israel near the city of Beersheba was hit by a missile or missile debris as Israel fended off multiple salvos from Iran, prompting official warnings to the public to stay away due to “hazardous materials”, while emergency authorities issued safety advisories in affected areas.
Iran’s effective blockade of the Strait of Hormuz, which carries 20% of global oil and gas shipments, has spiked oil prices and spread economic pain around the world, raising concerns among energy markets and importing economies dependent on the route, as shipping routes faced heightened security concerns and impacting global energy supply chains.
Stocks slumped in Asia on Monday as investors braced for a prolonged conflict that has already pushed oil prices toward a record monthly rise, raising inflation pressures and recession risks globally, as analysts warned of prolonged instability affecting global trade and consumer prices, prompting renewed debate over central bank policy responses with markets continuing to price in sustained volatility.
Japan’s Nikkei index fell 4.7 percent reflecting broader risk-off sentiment across regional markets as investors reassessed exposure to risk assets in Tokyo trading.
Meanwhile, oil prices were set to extend gains, with Brent crude headed for a record monthly rise amid expectations of tightening supply conditions in global energy markets, with traders closely monitoring further developments ahead of the next trading week.
Brent crude futures jumped 3.09 dollars, or 2.74%, to 115.66 dollars a barrel by 2353 GMT after settling 4.2% higher on Friday as trading volumes remained elevated amid geopolitical tensions in late Friday trading sessions overnight.
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