World News

Pentagon seeks $200 billion more to fund ongoing Iran war: Report

Congress is bracing for a new spending request but it is not clear the White House has transmitted the request for consideration. It is unclear the spending request would have support

Updated On: 19 Mar 2026 | 9:09 PM IST

Strike on Iran South Pars gas field coordinated with US: Israeli officials

Trump said in a social media post that Washington "knew nothing about this particular attack" and that Israel would not attack the gas field further unless Iran again attacked Qatar

Updated On: 19 Mar 2026 | 8:22 PM IST

Iran strikes took out 17% LNG export capacity for 3-5 yrs: QatarEnergy CEO

Missile strikes damaged key LNG facilities in Qatar, triggering fires and disrupting exports. QatarEnergy says repairs could take up to five years, impacting global gas supplies

Updated On: 19 Mar 2026 | 8:09 PM IST

WTO reforms, e-commerce, investment facilitation to dominate MC14 talks

WTO's MC14 will see discussions on reforms, e-commerce rules, fisheries subsidies and public stockholding, with India expected to push for policy space and clarity

Updated On: 19 Mar 2026 | 8:05 PM IST

ECB holds rates as West Asia conflict clouds growth, inflation outlook

"The war in the Middle East...will have a material impact on near-term inflation through higher energy pricesm," the ECB said

Updated On: 19 Mar 2026 | 8:02 PM IST

US may lift sanctions on 140 mn barrels of Iranian oil on the seas: Bessent

The US hasn't been targeting Iran's energy assets in the war, he said. With regard to Kharg Island, a key Iranian export hub, it mounted a "precision strike" against the military assets

Updated On: 19 Mar 2026 | 7:30 PM IST

Bank of England holds rates; gilts fall as markets raise hike bets

Sterling remained higher on the day, at around $1.3297 and at around 86.30 pence per euro

Updated On: 19 Mar 2026 | 7:08 PM IST

US will launch 'largest strike package yet' against Iran today: Hegseth

The US defence secretary reiterated that only President Donald Trump would decide when the war would end, adding that Iran's naval and missile manufacturing capabilities had been severely eroded

Updated On: 19 Mar 2026 | 6:39 PM IST

Gold falls 2.7% to over 1-month low on strong dollar, hawkish Fed tone

Central banks in the US, Canada and Japan struck hawkish tones this week, wary that rising energy prices could spark a fresh wave of inflation

Updated On: 19 Mar 2026 | 5:47 PM IST

Why tiny atomic clocks are key to China's next-gen warfare ambitions

China has built a tiny, highly accurate atomic clock that could boost drones, missiles and satellite navigation, highlighting how precise timing is becoming crucial in modern warfare systems

Updated On: 19 Mar 2026 | 5:21 PM IST

Sergio Gor in Sri Lanka for talks on sea lanes, port security amid Iran war

The US Special envoys' visit to Sri Lanka comes at a time when Sri Lanka came to be embroiled in the joint US-Israeli war against Iran since February 28

Updated On: 19 Mar 2026 | 5:09 PM IST

Modi discusses W Asia conflict with Macron, Sultan of Oman, Malaysia PM

The thrust of the conversations, per his social media posts, was to find a way to restore stability to the region and to continue coordination in the pursuit of de-escalation and peace

Updated On: 19 Mar 2026 | 5:08 PM IST

How China's CIPS could gain from Iran war and challenge dollar grip

As Iran crisis disrupts key trade routes, China's expanded payment system now offers a pathway to settle transactions outside the dollar system, though its scale remains limited

Updated On: 19 Mar 2026 | 4:29 PM IST

US will 'blow up' South Pars gas field if Iran attacks Qatar, warns Trump

US President Donald Trump said the US 'knew nothing' of Israel's strike on Iran's South Pars gas field and warned Washington would 'blow it up' if Iran targets Qatar's LNG facilities again

Updated On: 19 Mar 2026 | 4:14 PM IST

Pak won't tolerate use of Afghan soil for conduct of terrorism: Asim Munir

Referring to Operation Ghazab lil Haq (Righteous Fury), Munir reiterated the resolve to eliminate terrorists and their infrastructure operating against Pakistan

Updated On: 19 Mar 2026 | 1:47 PM IST

Iran war likely to prevent BoE from cutting rates as previously anticipated

For the Bank of England, it's likely to mean that inflation will not fall to its target rate of 2 per cent as soon as expected and will lead to a higher price profile for the rest of the year

Updated On: 19 Mar 2026 | 1:40 PM IST

Too soon to judge war's impact, says Powell as inflation keeps Fed on hold

Fed's next move may ultimately be a hike, a possibility Powell acknowledged came up again in discussions this week - though that's not the base case for the majority of policymakers

Updated On: 19 Mar 2026 | 1:36 PM IST

Thailand PM Anutin Charnvirakul to stay in power following Parliament vote

Anutin is expected to take office a few days after obtaining a formal appointment from King Maha Vajiralongkorn and the new cabinet is expected to be appointed in the following weeks

Updated On: 19 Mar 2026 | 1:14 PM IST

What is the '19th-century rule' shipping firms are invoking amid Iran war?

Global carriers such as MSC, Maersk, CMA CGM and Hapag-Lloyd have told customers they may discharge containers at alternative ports, invoking a long-standing maritime contract clause

Updated On: 19 Mar 2026 | 12:56 PM IST

A look at past moments that threatened Strait of Hormuz's oil flows

This is hardly the first time the Strait of Hormuz has been weaponised. Ship seizures and past fighting in the region have raised alarm for commercial ships earlier as well

Updated On: 19 Mar 2026 | 12:18 PM IST