Tuesday, March 17, 2026 | 10:28 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Israel Iran Conflict

Trump warned of likely Iran retaliation on Gulf allies despite his claim

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

Trump warned of likely Iran retaliation on Gulf allies despite his claim
Updated On : 17 Mar 2026 | 10:22 AM IST

Oil prices rise over 2% amid Iran war supply risks as Hormuz remains shut

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

Oil prices rise over 2% amid Iran war supply risks as Hormuz remains shut
Updated On : 17 Mar 2026 | 10:19 AM IST

Iran war impact: Emkay sees Nifty at 21,000; lists top 3 stocks to buy now

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.

Iran war impact: Emkay sees Nifty at 21,000; lists top 3 stocks to buy now
Updated On : 17 Mar 2026 | 9:51 AM IST

West Asia war updates: Trump says Iran must not get nukes; Brent tops $102

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

West Asia war updates: Trump says Iran must not get nukes; Brent tops $102
Updated On : 17 Mar 2026 | 9:38 AM IST

Not happy with UK, France on Srait of Hormuz coalition, says Trump

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

Not happy with UK, France on Srait of Hormuz coalition, says Trump
Updated On : 17 Mar 2026 | 9:04 AM IST

With threats and claims of 'treason,' Trump pressures media on Iran war

A president who calls journalists the 'enemy of the people' has accused news organisations of undermining a military effort that many Americans oppose

With threats and claims of 'treason,' Trump pressures media on Iran war
Updated On : 17 Mar 2026 | 8:55 AM IST

Mixed signals: Trump shifts his position on Iran almost with every sentence

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

Mixed signals: Trump shifts his position on Iran almost with every sentence
Updated On : 17 Mar 2026 | 8:35 AM IST

'This is not our war': Europe, UK push back against Trump's demands

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

'This is not our war': Europe, UK push back against Trump's demands
Updated On : 17 Mar 2026 | 8:34 AM IST

This is not a time to be bearish on markets: Rishi Kohli, Jio BlackRock AMC

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.

This is not a time to be bearish on markets: Rishi Kohli, Jio BlackRock AMC
Updated On : 17 Mar 2026 | 8:05 AM IST

Trump asks China to delay summit with Xi by a month due to Iran war

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

Trump asks China to delay summit with Xi by a month due to Iran war
Updated On : 17 Mar 2026 | 7:28 AM IST

UAE gas field set ablaze as Iranian strikes squeeze energy supplies

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

UAE gas field set ablaze as Iranian strikes squeeze energy supplies
Updated On : 17 Mar 2026 | 7:27 AM IST

UAE reopens airspace after brief closure following drone interception

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

UAE reopens airspace after brief closure following drone interception
Updated On : 17 Mar 2026 | 7:21 AM IST

War rages as Israel expand attacks in Lebanon, Iran chokes shipping

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 ...

War rages as Israel expand attacks in Lebanon, Iran chokes shipping
Updated On : 17 Mar 2026 | 7:14 AM IST

Indian Navy deploys warships for safe passage of vessels in Hormuz

Iran's ambassador to New Delhi met Indian foreign ministry officials on Monday to discuss the issue

Indian Navy deploys warships for safe passage of vessels in Hormuz
Updated On : 17 Mar 2026 | 7:07 AM IST

Israel 'would never' use nuclear weapon against Iran amid war, says Trump

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

Israel 'would never' use nuclear weapon against Iran amid war, says Trump
Updated On : 17 Mar 2026 | 6:59 AM IST

Best of BS Opinion: West Asia war, rupee depreciation & RBI's policy tone

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.

Best of BS Opinion: West Asia war, rupee depreciation & RBI's policy tone
Updated On : 17 Mar 2026 | 6:15 AM IST

'Putin fears US, not Europe': Trump as Nato allies skip his Hormuz mission

Trump criticised NATO allies for not joining his effort to keep the Strait of Hormuz "open"

'Putin fears US, not Europe': Trump as Nato allies skip his Hormuz mission
Updated On : 16 Mar 2026 | 11:21 PM IST

War-delayed cargo, export mission schemes and a curious court ruling

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

War-delayed cargo, export mission schemes and a curious court ruling
Updated On : 16 Mar 2026 | 11:15 PM IST

West Asia war: Sailing Gulf's most anxious waters as missiles target ships

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

West Asia war: Sailing Gulf's most anxious waters as missiles target ships
Updated On : 16 Mar 2026 | 11:10 PM IST

West Asia conflict scars begin to show on India Inc across sectors

With the war showing no signs of abating, the outlook for many sectors of India's industry is clouding over right now

West Asia conflict scars begin to show on India Inc across sectors
Updated On : 16 Mar 2026 | 11:10 PM IST