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Israel Intercepts Iranian Missiles Amid Rising Tensions

3/2/2026

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Story summary
  • On March 1, 2026, Israel intercepted missiles launched from Iran amid escalating conflict.
  • The tension increased after the death of Iranian Supreme Leader Ayatollah Ali Khamenei.
  • U.S. President Donald Trump confirmed that combat operations in Iran will persist after deaths of three U.S. service members.
  • Asia-Pacific markets fell as oil futures surged over 8% with West Texas Intermediate at $72.52 and Brent at $79.04 per barrel, and gold rose 2.3%.