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Ships with Iran oil anchor off India as Donald Trump announces blockade

The US had allowed the temporary sale of Iranian oil and petrochemical products already loaded on tankers in late March, as it sought to put a lid on rising oil prices due to the West Asia war

Three tankers attempt Strait of Hormuz transit after US flags blockade

The New Future, which has no clear links to Iran, and the US-sanctioned Auroura, began moving northeast early Monday from waters off the United Arab Emirates

China denies arms supply to Iran, rejects US claims as 'ill-intended'

Foreign Ministry spokesman Guo Jiakun rejected reports that Beijing is set to supply military hardware to Tehran

Ships with Iran oil anchor off India as Trump announces Hormuz blockade

India hasn't received Iranian oil since 2019, however, a waiver last month, allowed purchases of crude already on the water, a bid to ease the impact of West Asia on global supply

Trump's blockade of Strait of Hormuz risks deeper crisis for Asia

Governments across the region are scrambling for alternative oil and gas, cutting energy use with warmer AC settings and rolling out measures to cushion the impact on consumers and businesses

US anger at European allies could still yield strategic advantages

Several countries denied US access to European bases during the war, exposing strained ties already weakened by Washington's stance on Greenland, closeness to Putin and support for far-right groups

Who is Peter Magyar, former Orban party insider who toppled Hungarian PM

Two years of grueling criss-crossing of the country on the campaign trail designed to bypass state-controlled media has made Peter Magyar one of Hungary's most recognizable faces

Gold falls as US blockade of Strait of Hormuz raises inflationary risks

Bullion fell as much as 2.2 per cent to dip below $4,650 an ounce in early trading, before paring losses

RBI DG T Rabi Sankar criticises banks' arbitrage trades as rupee weakens

Since the RBI first clamped down to support the battered rupee, which had hit record lows and was staring at the 100 per dollar mark, the local currency has gained around 2%

Oil markets scramble for supplies as West Asia shortfall drives prices

Traders said the panicky moves across the world's key physical oil markets demonstrated the scale of the shortfall that's due to be felt as loss of supplies from the West Asia leaves a growing gap

IMF, World Bank meet to assess fallout of Trump's Iran war on growth

IMF chief Kristalina Georgieva warned that the international community is becoming less able to respond to shocks

Saudi Arabia restores East-West pipeline capacity to 7 mn barrels per day

Output from Saudi Aramco's offshore Manifa oil production facility was also restored, the energy ministry said Sunday, though work continues at the Khurais onshore complex

US Navy ships transit Hormuz as mine-clearing efforts begin in Strait

Iran has asserted control over the strait through which roughly a fifth of the world's oil and liquefied natural gas typically flows, effectively halting most commercial traffic

Reliance seeks govt nod to buy Iranian crude ahead of US waiver deadline

Indian refiners stepped up purchases of Russian oil after the Trump administration granted waivers that are set to expire this month

UK govt puts Chagos Islands deal on hold after Trump's opposition

Trump in February said a plan to hand over Chagos Island to Mauritius, while retaining control of the joint US-UK military base of Diego Garcia through a lease, was a 'big mistake'

JD Vance, Witkoff, and Kushner reach Pak as Iran-US talks set to kick off

Iran's 71-member delegation will be led by Parliament Speaker Mohammad-Bagher Ghalibaf, Foreign Minister Abbas Araghchi and central bank Governor Abdolnaser Hemmati

OpenAI accuses Elon Musk of 'ambush' as $100 billion-plus trial looms

OpenAI said the objectives Musk proposed earlier appear to be aimed at 'sandbagging the defendants and injecting chaos into proceedings, while trying to recast his public narrative about his lawsuit'

Former OpenAI stargate leaders to join Meta platforms amid AI infra race

Peter Hoeschele, who played a critical role in OpenAI's Stargate initiative, is one of the new hires

Global funds dump Indian equities at record pace on oil shock, growth fears

In just over three months, they have pulled $18.84 billion from local shares, edging past the full-year record outflow of $18.79 billion seen in 2025, according to Central Depository Services India

Man held for throwing Molotov cocktail at Altman's home in San Francisco

Altman, 40, lives in San Francisco, and OpenAI is also headquartered in the city