Israel launches new wave of ‘extensive strikes’ on Tehran

The Israel Defense Forces (IDF), the nation’s military, said in a social media post on Monday that it has begun a wide-scale wave of “extensive strikes” targeting Iranian infrastructure in Tehran.

No further details are provided about the same.

Mar 23, 2026

WTI hovers around 98.00 due to persistent Middle East supply concerns

West Texas Intermediate (WTI) crude eases from intraday highs but remains elevated near $98.10 per barrel during Monday’s Asian session, supported by persistent Middle East supply concerns.

Asian stock markets face bloodbath as Iran threatens indefinite Hormuz closure

Stock markets in the Asian region have fallen like a house of cards at the start of the week as escalating conflicts in the Middle East, following United States (US) President Donald Trump’s ultimatum to Iran for reopening the Strait of Hormuz has further prompted energy supply concerns.