The conflict between Iran and Israel threatens a rise in prices of essential goods, with companies concerned about the impact of oil price volatility on packaging and raw material costs
Israel's equity markets defy regional conflict, with TA-125 hitting record highs despite ongoing missile strikes with Iran
With Iran's Fordo nuclear site buried deep in a mountain, Israel lacks both the weaponry and political support to mount a successful strike
President Donald Trump in about eight hours Monday went from suggesting a nuclear deal with Iran remained achievable to urging Tehran's 9.5 million residents to flee for their lives as he cut short his visit to an international summit to return to Washington for urgent talks with his national security team. He was expected to arrive at the White House early Tuesday at a moment of choosing in his presidency. Israel, with four days of missile strikes, has done considerable damage to Iran and believes it can now deal a permanent blow to Tehran's nuclear programme particularly if it gets a little more help from Trump. But deepening American involvement, perhaps by providing the Israelis with bunker-busting bombs to penetrate Iranian nuclear sites built deep underground or offering other direct US military support, comes with enormous political risk for Trump. He appears to be gradually building the public case for more direct American involvement. Iran should have signed the deal' I t
'We urge that the resolution of the Iranian crisis leads to a broader de-escalation of hostilities in the Middle East, including a ceasefire in Gaza,' the G7 statement said
MEA sets up 24x7 control room for Indians amid Israel-Iran tensions; 10,000 nationals, including 6,000 students, are currently in Iran
Indian Rupee today: The domestic currency rose 5 paise to open at 86.01 against the dollar, after closing at 86.06 on Monday
US President Donald Trump urged people to evacuate Tehran as tensions rise amid escalating Israel-Iran conflict and plans to leave the G7 summit early due to the crisis
World leaders at the Group of Seven summit in Canada scrambled Monday to find a way to contain the escalating conflict between Israel and Iran, with US President Donald Trump warning that Tehran needs to curb its nuclear program before it's too late. The US president said Iranian leaders would like to talk but they had already had 60 days to reach an agreement on their nuclear ambitions and failed to do so before an Israeli aerial assault began four days ago. They have to make a deal, he said. The summit's host at the Rocky Mountain retreat, Canadian Prime Minister Mark Carney, said the world was looking to the G7 for leadership at a hinge moment in time. We're gathering at one of those turning points in history, Carney said. The world's more divided and dangerous. British Prime Minister Keir Starmer, French President Emmanuel Macron, Italian Premier Giorgia Meloni and German Chancellor Friedrich Merz held an hourlong informal meeting soon after arriving at the summit late Sunday t
After Israeli strikes landed near the hotel where he was staying in the Iranian province of Qom, Aimal Hussein desperately wanted to return home. But the 55-year-old Afghan businessman couldn't find a way, with Iranian airspace completely shut down. He fled to Tehran after the strike Sunday, but no taxi would take him to the border as the conflict between Iran and Israel intensified. Flights, markets, everything is closed, and I am living in the basement of a small hotel, Hussein told The Associated Press by cellphone on Monday. "I am trying to get to the border by taxi, but they are hard to find, and no one is taking us. Israel launched a major attack Friday with strikes in the Iranian capital of Tehran and elsewhere, killing senior military officials, nuclear scientists, and destroying critical infrastructure. Among the targets was a nuclear enrichment facility about 18 miles from Qom. Iran has retaliated with hundreds of drones and missiles. The dayslong attacks between the two
The Ministry of External Affairs' statement read, "The Indian Embassy in Tehran is continuously monitoring the security situation and engaging Indian students in Iran to ensure their safety"
Iran's state-run news agency reported Monday that state-run television abruptly stopped a live broadcast after an Israeli strike. During the broadcast, an Iranian state television reporter said the studio was filling with dust after the sound of aggression against the homeland. Suddenly, an explosion occurred, cutting the screen behind her as she hurried off camera. The broadcast quickly switched to prerecorded programmes. An hour earlier, Israel had issued a warning the evacuate the area of Iran's capital where the TV studios are located.
The government is closely monitoring the situation arising from the Iran-Israel conflict, and a meeting with shipping lines, container firms, and other stakeholders will be held this week to assess the impact on the country's overseas trade and address any issue, a top official said on Monday. Commerce Secretary Sunil Barthwal said that the impact of the war on India's trade will depend on how the situation unfolds over a period of time. "We are watching the situation. We are also calling a meeting (this week) of all the shipping lines, the container organisations and the concerned departments, and stakeholders to understand from them that what are the kind of issues they are facing and how we can sort it out," he told reporters here. Exporters have stated that the war, if escalated further, would impact world trade and push both air and sea freight rates. They have expressed apprehensions that the conflict is expected to impact movement of merchant ships from the Strait of Hormuz
Gain underpinned by DII support and strong performance of heavyweight stocks as investors shrug off geopolitical tensions and bet on long-term fundamentals
Israeli forces stepped up their bombardment of Iranian cities, while Iran proved capable of piercing Israeli air defences with one of its most successful volleys yet of retaliatory missile strikes
For a global economy already grappling with trade-related uncertainties, a sustained increase in oil and gas prices would further cloud the outlook
The main Israeli share indices also gained, with the broad Tel Aviv 125 index up 1.9% in afternoon trade, extending Sunday's gains of some 0.5%
Brent futures were down 93 cents, or around 1.3%, to $73.30 a barrel by 1307 GMT, while U.S. WTI futures were off 99 cents or nearly 1.4%, to $71.99
IDF spokesperson Brigadier General Effie Defrin said Israel had achieved full air supremacy in the Tehran airspace
Sensex Today | Stock Market close, Monday, June 16, 2025: Oil prices were in the red today with the WTI crude oil down around 0.6 per cent