Markets
Oil Jumps, Asian Stocks Fall On Iran Threat Asian markets fell and oil prices climbed sharply after US President Donald Trump said Washington would continue hitting Iran “extremely hard”, raising fears of a deeper conflict and prolonged disruption in global energy flows. The remarks unsettled investors across the region, with traders reacting to the prospect
National
India is set to receive its first shipment of Iranian crude oil in seven years, with a tanker carrying about 600,000 barrels expected to arrive at Gujarat’s Vadinar port this week. The development marks a limited revival in Indo-Iran oil trade after years of disruption caused by US sanctions. India To Receive Iranian Oil After […]
National
Commercial LPG prices were raised sharply on April 1, with state-run fuel retailers increasing the rate of a 19-kg cylinder by Rs 195.50 amid higher global oil prices linked to the West Asia conflict. The latest revision adds to cost pressure on hotels, restaurants and small businesses that rely on commercial gas. Commercial LPG Price […]
International
Australian Prime Minister Anthony Albanese has warned that the economic fallout from the Middle East conflict will continue to weigh on the country for months, as Australia grapples with sharp fuel price increases and growing pressure on households and businesses. In a rare national address, he said the government could not fully shield the country […]
International
A site in Bahrain that hosts Amazon Web Services infrastructure was reportedly hit in an Iranian strike, according to a report that described the incident as part of Tehran’s widening pressure on US-linked assets in the Gulf. The reported attack is being seen as a significant escalation because it appears to involve technology infrastructure linked […]
International
US President Donald Trump is strongly considering pulling the United States out of NATO after allies refused to support American military action against Iran, according to an interview published by Britain’s Daily Telegraph. The reported remarks mark the sharpest signal yet of a possible rupture between Washington and the military alliance. Trump Raises NATO Exit […]
International
Britain will host an international summit this week aimed at reopening the Strait of Hormuz, as global concern grows over maritime disruption in one of the world’s most important oil shipping routes. Prime Minister Keir Starmer said the meeting will focus on restoring security and stability in the waterway after the Iran conflict. UK To […]
International
Iran’s foreign minister Abbas Araghchi has said Tehran has “zero trust” in the United States and rejected claims that any negotiations are taking place. His remarks came as speculation grew over possible next steps in the conflict, including reports about a potential US ground operation. Iran Rejects Claims Of US Negotiations Araghchi said there is […]