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Indian stock markets closed sharply lower on Monday as rising tensions between the US, Israel and Iran dampened investor sentiment and triggered selling across sectors.The benchmark Nifty fell 1.24 per cent, or 312.95 points, to
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Emirates will begin operating a limited number of flights commencing on the evening of 2 March.Emirates said, “We are accommodating customers with earlier bookings as a priority, and those who have been rebooked to travel
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Dubai Airports has announced a limited resumption of flights at Dubai International Airport (DXB) and Al Maktoum International Airport (DWC) starting from Monday evening, March 2, 2026.Dubai Airports urged passengers not to proceed to the
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Germany has announced on Monday that it will not participate in the ongoing military operations in the Middle East region.The German government has no intention to participate in the military operations against Iran, said German Foreign Minister Johann Wadephul, before adding that Germany has no bases in the Middle East like Britain, which has allowed the US to access its bases in order to destroy Iranian missiles and missile launch platforms.Wadephul added that Germany has no appropriate means, as the nation certainly has no intention to engage in any kind of these operations, clarifying that it is possible for German troops to defend themselves when they are under attack, but there would never be any other measures beyond that on the part of Berlin.Germany has small military units in two nations in the Middle East.
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The European Union downplayed any immediate impacts on its oil supplies due to the military developments that have been unfolding in the Middle East region since last Saturday.In a message relayed to the bloc countries today, the European Commission stated that it doesn’t predict any instant impact on EU oil supplies and called on the member states to share the oil supply security assessments by the end of today.Global oil markets have begun issuing their assessments of supply movements and prices due to the outbreak of military actions in the Middle East, and the impact on maritime navigation in the Bab el-Mandeb and the Strait of Hormuz, both of which are major arteries for global oil and LNG exports.
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France is ready to defend Gulf nations, as well as Jordan and Iraq against possible attacks from Iran, Foreign Minister Jean-Noel Barrot said on Monday, as the conflict that began with Israeli and US strikes on Iran on Saturday has rapidly expanded to neighboring countries in the Middle East.To allied countries that have been deliberately targeted by the missiles and drones of the Iranian Revolutionary Guards and dragged into a war they did not choose -Saudi Arabia, the United Arab Emirates, Qatar, Iraq, Bahrain, Kuwait, Oman, and Jordan- France expresses its full support and complete solidarity, Barrot said, adding it stands ready to take part in their defense.Barrot added that Israeli and US unilateral attacks in Iran should have been debated in bodies that uphold international law, such as the United Nations, noting that it is only through the UN Security Council that the use of force can acquire necessary legitimacy.French President Emmanuel Macron has spoken with Iraqi President Abdul Latif Rashid and expressed support for efforts to avoid the conflict. Barrot said that no French victims had been reported at this stage, and that work to facilitate the return of French citizens from areas impacted by the conflict would begin when possible.An estimated 400,000 French citizens are residents or currently visiting countries in and around the Gulf.
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China today expressed readiness to work with the international community to promote peace in the Middle East.China stands ready to work with the international community to call for peace and stop the conflict, resolve issues through dialogue and negotiations, and maintain peace and stability in the Middle East and the world at large, said Spokesperson for the Chinese Foreign Ministry, Mao Ning today.China is deeply concerned over the current situation,and firmly opposes the use of force in international relations or infringement on other countries' sovereignty and security, she said.The priority now is to immediately stop military operations and prevent the spread and spillover of the conflict, Mao Ning added.
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The International Atomic Energy Agency (IAEA) Director General Rafael Grossi said Monday that the agency has no indication that any nuclear facilities in Iran were hit by the US and Israeli airstrikes, stressing that the situation in the Middle East is "very concerning".Grossi, at the start of an extraordinary meeting on the Iranian file, reiterated his call for all parties to exercise maximum restraint to avoid further escalation, amid the US and Israeli offensives on Iran and Iran's missile attacks in response.He added that contact efforts with Iranian nuclear regulators are underway, but without any response so far, expressing hope that this essential communication channel can be re-established soon enough.The extraordinary IAEA meeting, requested by Russia, ahead of the nuclear watchdog's regular Board of Governors session, which includes 35 countries, at a time when the region is witnessing a large-scale escalation of military tensions.The IAEA, tasked with monitoring Iran's nuclear program, confirmed last Saturday that it is closely observing developments in the Middle East, calling on all parties to exercise restraint to avoid any nuclear risks that could threaten the region's population.
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Dr. Thani Bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Ecuador marks a strategic milestone in advancing bilateral economic and trade relations in line
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Cypriot President Nikos Christodoulides announced that a Shahed-type unmanned aerial vehicle struck the British RAF Akrotiri airbase, resulting in minor damage. He simultaneously emphasized that his country is not participating in any military operations."We are in a region of particular geopolitical instability with many challenges and problems, which is going through an unprecedented crisis," the Cypriot President said in a press statement on Monday."I want to be clear: Our country does not participate in any way and does not intend to be part of any military operation," Christodoulides said.He explained that all competent security agencies are on high alert, noting that he is in constant contact with European and other world leaders regarding regional developments.Earlier today, the British Ministry of Defence announced that the Akrotiri airbase was subjected to a suspected drone strike, with no casualties reported so far. The Ministry stated the attack occurred at midnight local time, confirming that protective measures in the area are at their highest levels to ensure the safety of forces and facilities.
