Page 11 - Latest Updates on West Asia Conflict

ECB hikes rates to 2.25% as Iran conflict stokes inflation concerns

European bonds held gains after the announcement, with the 10-year yield three basis points lower at 3.05 per cent . The euro was steady against the dollar at $1.1538

Indian-crewed tanker hit off Oman in suspected third US strike this week

Three Indian sailors died in a US strike on the Settebello tanker off Oman a day earlier

Trump says will take over Iran's Kharg Island, warns of heavier strikes

Trump said the US will attack Iran again with intensified strikes on Thursday night but he would rather not hit bridges and power plants

India reports another vessel incident involving MT Jalveer off Oman coast

Indian embassy in Oman did not specify if the vessel involved in Thursday's incident had Indian seafarers on board

Three missing Indian seafarers aboard MT Settebello confirmed dead: Sonowal

Three Indian seafarers onboard the Palau-flagged MT Settebello, initially reported missing, are now confirmed dead, Union Shipping Minister Sarbananda Sonowal said on Thursday after bodies were located and identified. It is deeply unfortunate to learn of the tragic incident aboard the Palau-flagged MT Settebello, Sonowal said in a social media post. "Sadly, three Indian seafarers initially reported missing are now confirmed dead after bodies have been located and identified," he added. The minister added that this is a "profound loss to our maritime family". "The Modi Govt stands firmly with the bereaved during this difficult hour and is fully committed to supporting the next of kin," he added. Sonowal said he has directed officials to ensure immediate repatriation of the rescued crew members and swift return of the mortal remains of the deceased for their final rites. India on Wednesday summoned the US charge d'affaires to strongly protest a US military attack on a commercial ve

'Firmly opposed to attacks on merchant shipping': India tells UNSC

India voiced its firm opposition to attacks on merchant shipping amid the ongoing Iran conflict, as it told the UN Security Council that several of its nationals have died or are missing due to attacks in the region. "We expressed our deep concern at the conflict in Iran and the Gulf region that unfortunately began in the holy month of Ramadan and urged all sides to exercise restraint, avoid escalation and prioritise the safety of civilians," India's Permanent Representative to the UN Ambassador Harish Parvathaneni said Wednesday. Addressing the UN Security Council open debate on 'Maintenance of International Peace and Security: Advancing Political Solutions in the Middle East: Mediation and Dialogue for Lasting Peace', Parvathaneni said India is firmly opposed to attacks on merchant shipping, as many of its nationals are prominent in its global workforce. "Many Indian nationals have lost their lives or are missing as a result of attacks against countries of the region and against .

Rupee declines 32 paise to 95.57 against US dollar in early trade

The rupee plunged by 32 paise to 95.57 against the US dollar in early trade on Thursday following a rise in global crude oil prices as hostilities between the US and Iran continued. Heavy FII outflows, weak domestic equity market and a marginally stronger greenback further weighed on the local unit. At the interbank foreign exchange market, the rupee opened at 95.55 against the US dollar before dropping further to 95.57. The local unit appreciated 16 paise to close at 95.25 against the US dollar on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. "The rupee had a weaker opening with oil prices climbing after Iran and the United States traded strikes. INR has support due to dollar selling by state-run banks, likely on behalf of RBI. "Apart from oil prices, the rupee will have to contend with a tepid risk environment, following a further sell-off in US equities. While US inflation

Kuwait closes its airspace temporarily amid fresh Iranian strikes

Kuwait on Thursday said it closed its airspace over ongoing Iranian attacks. Kuwait's Directorate General of Civil Aviation made the announcement. It said flights were being diverted to other airports, without elaborating. Flights circled outside of Kuwait for some time before the announcement, after the military announced its air defences were firing. "This measure comes in light of the state of Kuwait being subjected to sinful Iranian aggressions and the potential risks that may result from this on civil aviation traffic in the region," Kuwait said. Kuwait International Airport took a direct Iranian hit in recent days, killing one person and wounding dozens.

Strait of Hormuz 'closed to all vessels', says Iran's IRGC after US strikes

'Effective immediately, due to insecurity in the region, the Strait of Hormuz is declared closed to all vessels, including oil tankers and commercial ships,' IRGC said

Oil prices climb over $2 as Iran announces closure of Strait of Hormuz

Brent futures rose $2.30, or 2.47 per cent, to $95.40 a barrel, while US ‌West Texas Intermediate (WTI) crude climbed $2.60, or 2.89 per cent, to $92.63

US launches fresh strikes on Iran as Trump says Tehran will 'pay the price'

The US military said Wednesday it began another round of strikes against Iran after President Donald Trump warned that Tehran would "pay the price" for stalled negotiations. The escalating attacks threatened to derail efforts to end the war. US Central Command said in a social media post that the military was striking "multiple targets in Iran," attacks that were "in response to Iran's unwarranted and continued aggression". The second day of American strikes came hours after Bahrain, Kuwait and Jordan - all of which host US troops - came under Iranian fire. It was the third time this week that back-and-forth strikes have tested a two-month ceasefire. They also came a day after the US struck Iran following the crash of an Army helicopter near the Strait of Hormuz that Trump blamed on the Islamic Republic. Trump has urged Iran to sign a deal to end the war and suggested earlier this week that an agreement could be reached in a matter of days. Iranian media reported that explosions we

Over 100 mn oil barrels, 200 ships secretly escorted through Hormuz: Trump

Earlier, Trump said that the United States would resume attacks on Iran, as he voiced frustration over Tehran's delays in concluding the deal with Washington

US, Iran launch airstrikes after Trump blames Tehran for downing helicopter

The US military said Tuesday that it carried out strikes on Iran following the crash of an Army helicopter near the Strait of Hormuz that President Donald Trump blamed on the Islamic Republic. Tehran vowed to respond. The strikes were "a proportional response to unjustified Iranian aggression", US Central Command said on social media. Iranian state media reported that explosions were heard on Qeshm Island in the Strait of Hormuz, a critical shipping lane that Iran has effectively closed during the war, before saying the wave of American attacks in the south had "subsided". Trump said earlier in a social media post that Iran had shot down the aircraft while it was on patrol over the strait and declared that the US "must, of necessity, respond to this attack". Iran's top diplomat said foreign military forces near its territory "are at constant risk" and later vowed that there would be a response to the new US strikes. Iranian forces "will leave no attack or threat unanswered", Iranian

India Inc's new supply chain strategy: Replacing efficiency with resilience

Repeated shocks from Covid to conflict in West Asia are pushing Indian companies to diversify suppliers, localise sourcing and strengthen risk monitoring, even at the cost of higher expenses

US, Iran zero in on four nuclear issues in talks amid escalating tensions

With the cease-fire proving tenuous, negotiations between the two nations are in flux, but have advanced to outline potential paths forward on difficult questions about Iran's nuclear program

Hypersonic and supersonic weapons

Below are pictures of hypersonic and supersonic weapons as featured in Blueprint June 2026

'Leave our region if you want to be safe': Iran warns US amid tensions

Iran's Foreign Minister Abbas Araghchi said Iran's armed forces would respond to any attack or threat and added that 'intruding outsiders' in the Persian Gulf have faced dire consequences in history

Trump says Iran downed US Apache helicopter, vows military response

Monday's flare-up added further strain to efforts to broker a peace deal to end the wider Middle East war and reopen the Strait of Hormuz

Stock Market Close: Sensex gains 395 pts, Nifty ends at 23,242 on Trump's 'peace talks' remark

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.35 per cent and 1.69 per cent higher, respectively

US helicopter pilots who went down in Strait of Hormuz are fine, says Trump

It was not immediately clear whether the Apache was shot down by Iranian fire, experienced mechanical failure or encountered some other problem