Trump had said twice on Monday that Iran's retaliatory strikes against Qatar, Saudi Arabia, the United Arab Emirates, Bahrain and Kuwait were a surprise
Brent futures jumped $2.74, or 2.7 per cent, to $102.95 a barrel by 0357 GMT, while US West Texas Intermediate crude gained $2.45, or 2.6 per cent, to $95.95
Emkay Global warns of a 10-per cent downside in Nifty as Iran war volatility keeps crude oil above $100 per barrel. It has picked HDFC Bank, Eternal, and Max Healthcare as top stocks to buy now.
The US-Israel war with Iran entered day 18 as Donald Trump said the conflict may end soon; the Strait of Hormuz remains tense, while oil prices rose with Brent crude trading above $102 a barrel
French President Emmanuel Macron earlier spoke with Iranian President Massoud Pezeshkian, calling on him to put an end to attacks by Iran against the other countries in the West Asia
A president who calls journalists the 'enemy of the people' has accused news organisations of undermining a military effort that many Americans oppose
The president is no stranger to staking out contradictory stands, part of what his aides say is his negotiating style. But on Iran, his shifting positions are colliding with the consequences of war
While some European countries said they were discussing ways to help reopen the Strait of Hormuz, several rejected President Trump's calls to send warships
Given that the last 18 months have been weak in terms of valuations, earnings and technical trends, the outlook for the next 18 months is becoming attractive, he said.
War has overshadowed Trump's other priorities, especially with Iran's move to block the Strait of Hormuz sending the price of oil above $100 a barrel
Operations were suspended at the Shah natural gas field in the UAE while officials assessed damage from a fire touched off by a drone attack
The brief shutdown came a day after Dubai's main international airport halted flights for several hours after a drone strike triggered a fuel-tank fire
The war in the Middle East raged on multiple fronts Monday, as the U.S. and Israel pummeled military targets in Iran's capital, Israel stepped up its campaign against Iran-backed militants in Lebanon and Iran retaliated with a drone strike that temporarily forced the closure of Dubai's airport, a crucial hub for travelers. Fears of a global energy crisis persisted, even as a small number of ships passed through the Strait of Hormuz, a vital waterway through which a fifth of the world's oil is usually transported. Iranian strikes on commercial ships in and around the strait - and even just the threat of attacks - have slowed shipping to a trickle, dramatically increasing the price of oil and pressuring Washington to do something to ease the pain for consumers and the global economy. Brent crude, the international standard, remained over $100 a barrel on Monday. U.S. President Donald Trump said he has demanded that roughly a half-dozen countries send warships to keep the Strait of ...
Iran's ambassador to New Delhi met Indian foreign ministry officials on Monday to discuss the issue
His remarks came after the White House AI and crypto czar, David Sacks recently suggested in an interview that there were concerns about possible escalation
From the economic fallout of the West Asia conflict and lessons from modern warfare to the RBI's upcoming policy decision and Kanwal Rekhi's memoir, here are the key views from today's Opinion page.
Trump criticised NATO allies for not joining his effort to keep the Strait of Hormuz "open"
Experts explain insurance limits on cargo delays due to war disruptions, clarify DGFT export schemes for large firms, and decode the Supreme Court ruling on DEEC benefits and licence validity
Indian seafarers describe sleepless nights and evasive manoeuvres as missile alerts in Gulf waters force ships to alter routes and crews to disembark amid escalating tensions
With the war showing no signs of abating, the outlook for many sectors of India's industry is clouding over right now