March 3, 2026 8:07 PM

Iran war enters fourth day in ‘smoke and blood’ as markets slide

Explosions tore through Tehran and Beirut on Tuesday and financial markets around the world tumbled at the prospect of a prolonged disruption to global energy supplies from the U.S.-Israeli air war against Iran. Iranian drones slammed into the U.S. embassy in Saudi Arabia, causing minor damage and starting a fire, after previously hitting the mission in Kuwait. Washington responded by shutting those missions and ordering non-emergency government personnel and their families to leave countries a...