---
title: "Australian airline Qantas' shares fall more than 10% on US-Iran conflict"
description: "March 2 (Reuters) - Shares of Australia’s flag carrier Qantas Airways (QAN.AX) slumped more than 10% to their lowest level in 10 months on Monday after the U.S. and Israel launched large-scale strikes"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/277375133.md"
published_at: "2026-03-01T23:27:59.000Z"
---

# Australian airline Qantas' shares fall more than 10% on US-Iran conflict

> March 2 (Reuters) - Shares of Australia’s flag carrier Qantas Airways (QAN.AX) slumped more than 10% to their lowest level in 10 months on Monday after the U.S. and Israel launched large-scale strikes on Iran over the weekend, sending oil prices surging.The firm’s shares fell as much as 10.4% to A$8.92 each when the Australian market opened on Monday, the lowest level since May 2, 2025. The stock was set for its weakest intraday trading session since April 7, 2025.

March 2 (Reuters) - Shares of Australia’s flag carrier Qantas Airways (QAN.AX) slumped more than 10% to their lowest level in 10 months on Monday after the U.S. and Israel launched large-scale strikes on Iran over the weekend, sending oil prices surging.

The firm’s shares fell as much as 10.4% to A$8.92 each when the Australian market opened on Monday, the lowest level since May 2, 2025. The stock was set for its weakest intraday trading session since April 7, 2025.

### Related Stocks

- [QAN.AU - Qantas Airways Limited](https://longbridge.com/en/quote/QAN.AU.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.