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Vessel hit by unknown projectile in Hormuz, crew casualty reported

No environmental impact has ‌been reported ​and authorities are ‌investigating, UKMTO said

Updated On: 18 Aug 2026 | 9:41 AM IST

Hormuz crossings rise slightly from weekend, remain in single digits

Six commodity ships ​transited the strait ​on Monday, of which three were exiting the ​Gulf and three were entering, Kpler shiptracking data showed, compared with the 10-day average of 11 ships

Updated On: 18 Aug 2026 | 9:41 AM IST

Iran threatens new offensive while US rules out extending ceasefire deal

Asked by reporters on Monday if the US was seeking to extend June's interim agreement, US President Donald Trump said no

Updated On: 18 Aug 2026 | 9:24 AM IST

Brent climbs above $91 as fading US-Iran peace hopes raise supply risks

Brent crude futures climbed 27 cents, or 0.3%, to $91.14 by 0003 GMT, after rising to their highest since July 30 on Monday

Updated On: 18 Aug 2026 | 8:08 AM IST

China's ByteDance signs AI copyright pact with Hollywood trade group

The deal, which ​covers ByteDance's Seedance video and Seedream image-generation models, follows a cease-and-desist letter the MPA sent in February ​over these tools.

Updated On: 17 Aug 2026 | 11:06 PM IST

Iran threatens to go on offensive in Hormuz if diplomacy with US fails

There was no ​immediate response to those comments from Washington, but US Prez Donald Trump said in a phone interview with Fox News on Monday that Iran "should put up the white flag of surrender"

Updated On: 17 Aug 2026 | 10:47 PM IST

US Prez Donald Trump says Iran should surrender, threatens to bomb Oman

An interim deal agreed to in June declared an "immediate and permanent termination ‌of military operations on all fronts", ​but quickly unraveled, with Trump ​saying it was "over" on July 7

Updated On: 17 Aug 2026 | 9:48 PM IST

Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal

Leading tech firms are increasingly ​tying together chips, power and data center development ‌as they race to secure the infrastructure needed for ​increasingly power-hungry AI models.

Updated On: 17 Aug 2026 | 9:34 PM IST

Vijay Shekhar Sharma-controlled Resilient may sell up to 4.98% Paytm stake

Netherlands-based Resilient Asset Management, fully owned by Paytm founder Vijay Shekhar Sharma, will sell up to 4.98% of the fintech firm's stake via a block trade.

Updated On: 17 Aug 2026 | 9:33 PM IST

Iran works with Oman to finalise Hormuz agreement to manage shipping

The 60-day negotiating period to find a peace deal between the US and Iran was expiring, with no word of an extension and both sides seemingly as far apart as they were at the start.

Updated On: 17 Aug 2026 | 8:52 PM IST

US Supreme Court again rebuffs Trump in $5 million E Jean Carroll case

Trump denied Carroll's claims and asserted that she lied both in 2019 and again in 2022, while he was out of office

Updated On: 17 Aug 2026 | 8:39 PM IST

Russia receives Indian gasoline shipment amid domestic fuel shortages

Deputy Prime Minister Alexander Novak said in July that Russia would begin importing oil products to help stabilise the domestic market

Updated On: 17 Aug 2026 | 8:00 PM IST

Saudi Aramco offers crude oil outside Hormuz to some Asian refiners

In a rare ​move, Aramco is in ​talks with buyers to supply Arab Medium and Arab Heavy crude ​via ship-to-ship (STS) transfers off Fujairah in the UAE, the sources said.

Updated On: 17 Aug 2026 | 7:18 PM IST

Houthis say they attacked Saudi Arabia's vessels off Yemen's Mocha

Mocha is a Red Sea port near the Bab el-Mandeb Strait, a strategic chokepoint connecting the Red Sea with the Gulf of Aden and an important international shipping route

Updated On: 17 Aug 2026 | 6:41 PM IST

India set for record soyoil imports as Russia-Ukraine war disrupt shipments

"Soyoil prices are very competitive. At the same time, there are disruptions to sunflower oil shipments. That is making soyoil even more attractive," said Sandeep Bajoria of Sunvin Group

Updated On: 17 Aug 2026 | 5:43 PM IST

KABIL expects to start lithium production in Argentina in 4-5 years

India's state-owned KABIL is expected to start lithium extraction in Argentina in ​the next four to five years after completing project ​feasibility, a parliamentary panel report on its ops said

Updated On: 17 Aug 2026 | 5:42 PM IST

Jio-BlackRock to launch regular MF plans through distributors in India

Earlier this month Jio Financial Services and BlackRock ‌launched ​the JioBlackRock Nifty ​50 ETF, marking the joint venture's entry into India's fast-growing exchange-traded fund market.

Updated On: 17 Aug 2026 | 5:16 PM IST

NCLT chides SpiceJet as last-minute lessor deal forces judgement delay

The hearing took place as years of legal disputes between SpiceJet and the firms that lease it aircraft appeared set to culminate in rulings on eight bankruptcy petitions

Updated On: 17 Aug 2026 | 3:47 PM IST

CEA calls for E10 petrol option alongside E20 amid consumer concerns

E20 - petrol with 20% ethanol blended in it - was rolled out last year and since April 1, it has been the only fuel available for sale ‌at gas stations across the country

Updated On: 17 Aug 2026 | 12:09 PM IST

Nestle looks to develop new products to serve users of weight-loss drugs

The rapid adoption of drugs made by Novo Nordisk and Eli Lilly has fuelled investor concerns that appetite-suppressing medicines could permanently reduce demand for packaged foods, snacks and beverage

Updated On: 17 Aug 2026 | 11:49 AM IST