Page 14 - Israel Iran Conflict

Trump announces 50% tariffs on nations supplying Iran with weapons

Trump also said there would be no enrichment of uranium and said many of the 15 points in the US plan proposed to Iran have been agreed to.

Turkiye detains 9 over attack outside Israeli Consulate in Istanbul

Turkish authorities have detained nine people as part of an investigation into an attack on police outside a building housing the Israeli Consulate in Istanbul that left one assailant dead, Turkiye's state-run news agency reported Wednesday. Two other assailants were wounded and captured during Tuesday's shootout in the city's financial and business district, while two police officers sustained slight injuries, officials said. Israel had withdrawn its diplomats from Turkiye over security concerns and deteriorating relations with Ankara shortly after the start of the war in Gaza, and officials said the consulate was closed at the time of the attack. Interior Minister Mustafa Ciftci said one of the assailants had links to a group that he said "exploits religion," without naming the organisation. The Islamic State group has carried out deadly attacks in Turkiye in the past. Anadolu Agency reported that security forces detained nine suspects in operations conducted in Istanbul as well

Iran begged for ceasefire, says Hegseth, declares US victory in conflict

Hegseth said the United States had met its key military objectives, including targeting Iran's missile capabilities, naval forces, and defence infrastructure

No toll for transit through Hormuz: Oman contradicts Iran's truce demand

An Omani minister said the country remains bound by existing agreements that prohibit levying charges on ships transiting the key waterway

Iran hits neighbours with missiles, drones hours after 'ceasefire' with US

The fresh strikes were launched in response to attacks on the country's oil facilities earlier in the day, Iranian state television was quoted as saying

Markets believe that the worst phase of West Asia war is over: Samir Arora

Markets had discounted the bad news with select pockets seeing a dip of over 15 per cent, which have recovered partially now, Arora of Helios Capital said.

Iran refinery on Lavan Island hit in attack hours after ceasefire announced

Iranian state television says oil refinery on Iran's Lavan Island came under attack hours after ceasefire announced

Shipowners eye Hormuz truce as 800 vessels remain trapped in Gulf waters

Then, hours before a deadline set by President Donald Trump ran out during the US evening on Tuesday, the two sides agreed a truce in exchange for a reopening

World leaders welcome US-Iran ceasefire, calls for lasting peace in region

From UN chief Antonio Guterres to European Commission Vice-President Kaja Kallas, UK PM Keir Starmer, and several other leaders welcomed US-Iran ceasefire and push for de-escalation

India welcomes US-Iran ceasefire, hopes access through Hormuz will continue

India welcomed the US-Iran two-week ceasefire and hoped it would ease tensions in West Asia, stressing dialogue and calling for smooth global trade through the Strait of Hormuz

'Expeditiously exit': India issues fresh advisory for citizens in Iran

The fresh advisory comes as the US and Iran agreed to a two-week ceasefire, about an hour before Trump's deadline to 'obliterate' the rival country was set to expire

India set to recieve first Iranian oil cargo in 7 years, shows data

Refiners ​have purchased ‌Iranian oil amid the ‌West Asia conflict that ‌has disrupted supplies ​through ​the Strait of Hormuz

'Exposed': Congress takes dig at PM over Pak role in US-Iran ceasefire

Taking a swipe at the government, the Congress on Wednesday said the role played by Pakistan in bringing about the ceasefire between the US and Iran is a "severe setback" to Prime Minister Narendra Modi's "highly personalised diplomacy" and "the self-styled Vishwaguru stands thoroughly exposed". The opposition party also said Prime Minister Modi's "cowardice is demonstrated by his silence not only on Israel's belligerence, but on the completely unacceptable and disgraceful language being used by his good friend in the White House". Congress general secretary in-charge communications Jairam Ramesh said the entire world will cautiously welcome the two-week ceasefire in the West Asia conflict between the US and Israel on the one side and Iran on the other. "The conflict had begun on February 28th with the targeted assassinations of the topmost echelons of the regime in Iran. These had started just two days after Prime Minister Modi had completed his much-trumpeted visit to Israel, a ..

US-Iran ceasefire, Hormuz reopening to ease shipping disruptions: FIEO

The announcement of a ceasefire, between the US and Iran, along with the reopening of the Strait of Hormuz, will provide immediate relief to exporters by easing shipping disruptions, FIEO said on Wednesday. US President Donald Trump announced a two-week suspension of military strikes against Iran. Iran agreed to allow safe navigation through the Strait of Hormuz during the ceasefire, triggering sweeping market moves across oil, equities and currencies. "The ceasefire and reopening of the Strait of Hormuz bring immediate relief to exporters by easing shipping disruptions, high freight rates, and insurance costs," Federation of Indian Export Organisations (FIEO) President SC Ralhan said. He said while this should help normalise logistics in the short term, exporters will remain cautious given the temporary nature of the truce. "Sustained stability is essential for restoring confidence and ensuring smooth trade flows," Ralhan added. The ceasefire announcement is important as the mid

Yes, risks are rising, but India can manage them: What RBI Guv Malhotra said

RBI flags rising risks from the West Asia conflict through energy prices and supply disruptions, but says India's economy is stronger and better placed to withstand shocks than before

RBI sees resilience despite West Asia crisis as it keeps repo rates steady

RBI Governor Sanjay Malhotra said the West Asia conflict has raised risks to growth and inflation via oil, trade, and supply chains, but government steps on supply chains and exports may limit the imp

RBI Policy provides a practical picture of the road ahead amid West Asia war

Rate cuts can now be ruled out and the question will be more on when there can be a rate hike. A clearer picture will emerge over the next few months

'Big day for world peace': Trump hails ceasefire agreement with Iran

US President Donald Trump in a social media post declared the ceasefire agreement a "big day for World Peace" and that the US "will be helping with the traffic buildup in the Strait of Hormuz." "There will be lots of positive action!" Trump predicted in his post. "Big money will be made. Iran can start the reconstruction process. We'll be loading up with supplies of all kinds, and just hangin' around' in order to make sure that everything goes well. I feel confident that it will." Trump's message on his Truth Social website signals Washington's concern about Iran maintaining its chokehold over the narrow mouth of the Persian Gulf, through which 20% of all oil and natural gas passes in peacetime.

West Asia war: US-Iran announce 2-week ceasefire; Trump hints at China role

The US and Iran have agreed to a two-week ceasefire after Tehran said it would reopen the Strait of Hormuz and allow ships to pass safely through the vital global shipping route

Crude oil futures crash 6% to hit lower circuit after US-Iran ceasefire

Crude oil prices retreated sharply on Wednesday crashing by 6 per cent to hit their lower circuit level in futures trade, tracking weak global benchmarks after the US and Iran announced a two-week ceasefire. On the Multi Commodity Exchange (MCX), crude oil futures for the April delivery slumped by Rs 640, or 6 per cent, to Rs 10,029 per barrel -- its lower circuit limit. Similarly, the May contract declined by Rs 565, or 6 per cent, to Rs 8,860 per barrel, also hitting its lower circuit limit amid aggressive selling as easing tensions reduced fears of supply disruptions. Globally, oil prices retreated after the ceasefire announcement between the US and Iran, which is expected to restore supply flows through the Strait of Hormuz - a key transit route for nearly one-fifth of global oil shipments. West Texas Intermediate (WTI) crude futures for May delivery tumbled by USD 17.11, or 15.15 per cent, to USD 95.84 per barrel, while Brent oil for June contract plunged by USD 14.52, or 13.2