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Stock market winners and losers one month into US-Israel war on Iran

The US-Israel strikes against Iran have triggered a series of retaliations and military escalation in the Middle East that have sent shockwaves through global financial markets.

The conflict, now more than a month old, has disrupted trade and energy markets, with stocks around the globe facing diverging effects based on how exposed they are -- or how much they benefit from -- the chaos.

Here are some of the winners and losers from the conflict so far.

- Attracting investors: Oil and gas -

Performance of oil and selected indexes

Thousands of US Army paratroopers arrive in Middle East as buildup intensifies

By Idrees Ali and Phil Stewart

WASHINGTON, March 30 (Reuters) - Thousands of soldiers from the U.S. Army's elite 82nd Airborne Division have started arriving in the Middle East, two U.S. officials told Reuters on Monday, as President Donald Trump weighs his next steps in the war against Iran.

Reuters first reported on March 18 that Trump's administration was considering deploying thousands of additional U.S. troops to the Middle East, a move that would expand options to include the deployment of forces ​inside Iranian territory.

FILE PHOTO: Two F/A-18 Super Hornets launch from the flight deck of the U.S. Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran from an undisclosed location March 3, 2026. U.S. Navy/Handout via REUTERS/File Photo

What could Trump achieve by threatening Iran's Kharg Island?

A scrubby island in the Gulf that is roughly one third the size of Manhattan, Kharg Island is the nerve centre of the Iranian oil industry -- and at the heart of US President Donald Trump's latest efforts to pressure Tehran.

On Monday Trump vowed that a failure by Iran to agree a deal to end the war could see the United States "completely obliterating" the export hub.

A day earlier, he had said the United States could take the island, eyed by the Pentagon for ground operations, "very easily".

Some 90 percent of Iran's crude exports pass through Kharg Island, making it a potentially crucial pressure point for Tehran

Iran war is dimming outlook for many economies, IMF says

By Andrea Shalal

WASHINGTON, March 30 (Reuters) - The war in the Middle East has caused serious disruption to the economies of frontline countries, and is dimming the outlook for many economies that had just started to recover from previous crises, the International Monetary Fund warned on Monday.

In a blog published by the global lender's top economists, the IMF said the war launched by U.S. and Israeli strikes against Iran on February 28 was causing a global, but asymmetric shock and leading to tighter financial conditions.

People inspect damage to a residential building after it was hit by a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 30, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Turkey says NATO defences downed fourth inbound Iranian missile

ANKARA, March 30 (Reuters) - A ballistic missile launched from Iran entered Turkish airspace before being shot down by NATO air and missile defences deployed in the eastern Mediterranean, Turkey's defence ministry said on Monday.

The incident marked the fourth such incident since the start of the U.S.-Iraeli war with Iran, following three earlier interceptions by NATO systems earlier this month that promptedAnkara to protest and warn Tehran.

FILE PHOTO: Turkish army personnel search a field after a piece of ammunition fell following the interception of a missile launched from Iran by a NATO air defence system, in Diyarbakir, Turkey, March 9, 2026. REUTERS/Sertac Kayar/File Photo

Israeli death penalty bill for Palestinian murder convicts faces vote

JERUSALEM, March 30 (Reuters) - Israel's parliament is expected on Monday to vote on a bill that would make the death penalty a default sentence for Palestinians convicted in military court of killing Israelis, a measure that Israel's European allies say would unfairly target Palestinians under military occupation.

The measure includes provisions requiring sentencing within 90 days with no right to clemency. It was devised by Itamar Ben-Gvir, the far-right national security minister who along with other ardent supporters has worn noose-shaped lapel pins in the run-up to the vote.

The president of the Palestinian prisoners' club, Abdallah Al Zughari, looks on as he sits in his office during an interview, in Ramallah, in the Israeli-occupied West Bank, March 30, 2026. Picture taken with a mobile phone. REUTERS/Ali Sawafta

G7 ministers pledge 'necessary measures' to ensure stable energy market

G7 economy and finance ministers Monday said they stood ready to take "all necessary measures" to ensure the stability of the energy market as they tackled the economic consequences of war in the Middle East.

The United States and Israel launched strikes on Iran in late February, and Tehran has hit back by targeting crude-exporting countries in the region and halting most shipments through the Gulf.

The squeeze on supply has pushed oil and natural gas prices higher, with drastic knock-on effects for supply chains in multiple industries.

The G7 helps shape policy debates in the world's wealthiest nations

Merz says Syrian refugees have important role in rebuilding their country

BERLIN, March 30 (Reuters) - Chancellor Friedrich Merz said on Monday that Syrian refugees who found asylum in Germany had an important role to play in rebuilding their country and Berlin would help those that wanted to return.

"We are working together to ensure that Syrians living in Germany can return to their homeland," Merz said in a press conference in Berlin with visiting Syrian President Ahmed al-Sharaa.

(Reporting by James Mackenzie, Editing by Friederike Heine)

German Chancellor Friedrich Merz and Syrian President Ahmed al-Sharaa hold a press conference at the Chancellery, in Berlin, Germany March 30, 2026. REUTERS/Lisi Niesner

Missile hits fuel tanker at Israel's Oil Refineries

JERUSALEM, March 30 (Reuters) - An industrial building and a fuel tanker at Israel's Oil Refineries in the northern city of Haifa was hit by debris from an intercepted missile, Israel's Fire and Rescue Service said on Monday.

It was not immediately clear whether the missile was fired from Iran or Iran-backed Hezbollah militants in Lebanon, who were both firing at the same time.

The fire service said a direct hit was identified on a gasoline storage tank within the factory grounds, causing thick smoke from the roof of a nearby structure.

A blaze after Israel's Fire and Rescue Service said that an industrial building and a fuel tanker at Israel's Oil Refineries were hit by debris from an intercepted Iranian missile, amid the U.S.-Israel conflict with Iran, in Haifa, Israel March 30, 2026. REUTERS/Rami Shlush

Czechs detain fifth suspect over arson attack on drone factory

PRAGUE, March 30 (Reuters) - A fifth person was detained in connection with an arson attack on an optics and drone factory in the Czech Republic, a public prosecutor said on Monday.

Police said on Saturday they had detained a fourth suspect over the March 20 fire, for which a previously unknown pro-Palestinian activist group had claimed responsibility. Czech police said they were searching for other suspects.

In a statement on Monday, the Prague high public prosecutor's office said another person was detained on Sunday, but it did not provide details.

A burned building at an industrial area in Pardubice, Czech Republic, March 20, 2026. REUTERS/David W Cerny