SCMP Business EN

Casualty figures across the Middle East as Iran war enters second week

Since the US and Israel unleashed strikes on Iran on February 28, war has spread across the region and casualties have been reported in countries across the Middle East. Due to reporting restrictions, Agence France-Presse has not been able to independently verify all of the following tolls. The figures are based on numbers released by governments, militaries, health authorities and rescue organisations in the affected countries. Iran Iran’s health ministry said on Monday that more than 1,200...

Mar 10, 2026 &03091010202631; 05:09 UTC www.scmp.com Trending 4/5

Read original on www.scmp.com ↗

↘

Negative for markets

Sentiment score: -75/100

High impact Immediate effect (hours)

WHAT THIS MEANS

Escalating Middle East conflict with Iran entering second week of warfare following US-Israel strikes on February 28, causing significant casualties across the region. Geopolitical tensions are driving risk-off sentiment in global markets, particularly affecting energy prices and equity valuations in conflict-sensitive sectors.

AI CONFIDENCE

85% Very high

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

↑

Oil (WTI Crude)

CL=FCommodity

Expected to rise

Crude oil prices surge due to Middle East geopolitical risk premium and potential supply disruptions from Iran conflict

↑

Gold Futures

GC=FCommodity

Expected to rise

Gold rallies as safe-haven asset amid escalating regional conflict and uncertainty

↓

S&P 500

^GSPCIndex

Expected to decline

US equities pressured by risk-off sentiment, elevated energy costs, and geopolitical uncertainty

↓

Euro Stoxx 50

^STOXX50EIndex

Expected to decline

European indices decline due to proximity to conflict zone and energy price concerns

⇅

Euro / US Dollar

EURUSDCurrency

High volatility expected

Currency pair experiences volatility as safe-haven flows compete with energy cost impacts on eurozone

↓

10-Year Treasury Yield

^TNXBond

Expected to decline

Treasury yields decline as investors seek safe-haven bonds amid geopolitical crisis

PRICE HISTORY

Loading chart...

⚡ SUGGESTED ACTION

Reduce equity exposure and increase defensive positioning. Overweight energy and precious metals while underweighting cyclical sectors. Monitor crude oil levels above $85/barrel and consider long positions in gold and defensive utilities as conflict persists.

KEY SIGNALS

Escalating military conflict with 1,200+ casualties reportedRisk-off market sentiment dominatesEnergy supply chain vulnerabilitySafe-haven asset demand increasesRegional instability threatens global economic growth

SECTORS INVOLVED

EnergyDefense & AerospaceUtilitiesConsumer DiscretionaryTransportation

Analysis generated on Mar 10, 2026 at 05:18 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by SCMP Business. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Casualty figures across the Middle East as Iran war enters second week

RELATED INTELLIGENCE