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

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing.Chinese satellite images show clear signs of significant damage in the area of central Tehran where Khamenei’s compound was located, and where he was killed by US and Israeli strikes.The images were taken on Sunday by Dongfang Huiyan Gaofen01, the AI-enabled, high-definition satellite developed by Wuhan University and the government of Yantai.In 2024, the satellite’s chief developer Li Deren, a professor of remote sensing at the university, presented the team’s analysis of the destruction in Gaza by comparing satellite images taken before and after Israeli forces invaded in 2023.A Chinese satellite system captures images of the destroyed compound where Iran’s Supreme leader Ayatollah Ali Khamenei was killed on Sunday. Photo: HandoutModi seeks updateIn the early hours of Monday (HKT), Indian Prime Minister Narendra Modi said in a social media post that he had spoken to the leaders of the United Arab Emirates and Israel about the regional situation.