Iran strikes day 3: markets open with sharp sell-off in futures and Asian shares

South China Morning PostEN 1 min read 100% complete by Holly Chik,Jane Cai,Shi JiangtaoMarch 2, 2026 at 05:39 AM

AI Summary

short article 1 min

Following US and Israeli strikes that killed Iran's Supreme Leader Ayatollah Ali Khamenei, markets opened with a sharp sell-off in futures and Asian shares. Chinese satellite images taken on Sunday by the Dongfang Huiyan Gaofen01 satellite reveal significant damage in central Tehran, specifically to Khamenei's compound. The satellite, developed by Wuhan University and the government of Yantai, uses AI and high-definition technology. The same satellite system was previously used to analyze destruction in Gaza. On Monday, Indian Prime Minister Narendra Modi reported speaking with leaders from the UAE and Israel regarding the escalating regional situation.

Key Entities & Roles

Key Player Opposition Context

United Arab Emirates 30% Yantai 30% Wuhan University 40% Narendra Modi 40% Li Deren 40% Gaza Strip 50% Dongfang Huiyan Gaofen01 50% Tehran 60% Israel ×270% United States 70% Iran ×280% Ali Khamenei ×290%

Keywords

iran strikes 100% satellite images 90% khamenei 80% us and israeli strikes 70% chinese satellite 60% regional situation 60% market sell-off 50% remote sensing 40%