Smoke rises following an explosion, after Israel and the U.S. launched strikes on Iran, in Tehran, Iran, March 1, 2026. Majid Asgaripour/WANAIrish and European shares tumbled on Monday, after markets opened for the first time since the start of the war in Iran and wider Gulf region. That trend was seen across European markets with banking and airlines also tending to be worst hit. Smoke rises following an explosion, after Israel and the U.S. launched strikes on Iran, in Tehran, Iran, March 1, 2026. The Stoxx 600 index of European shares is down 1.6pc after hitting an all time high last week.

Source: Irish Independent March 02, 2026 19:41 UTC