Page 149 - Latest Updates on West Asia Conflict

Amid West Asia crisis PM Modi chairs Cabinet Committee on Security meet

Prime Minister Narendra Modi chaired a meeting of the Cabinet Committee on Security on Thursday to discuss the outbreak of fresh hostilities in West Asia, sources said. The sources said the West Asia conflict and its impact on trade and supply of petroleum products was discussed in the meeting. India has voiced deep concern over the escalation of the security situation in West Asia and said the conflict must not take a wider regional dimension. It has also called for addressing all issues through dialogue and diplomacy.

Oil gains up by 4% on supply concerns as West Asia conflict intensifies

There are concerns that such escalation could prompt Iran to block the Strait of Hormuz or attack Saudi infrastructure, as it did in 2019

Markets in the times of war: Sharp correction and then a swift recovery

Stock market today: Events such as a war do present a buying opportunity for long-term investors, analysts said

West Asia conflict escalation poses significant economic risks: IMF

IMF spokesperson Julie Kozack told a regular news briefing that the Washington-based global lender is closely monitoring the situation in southern Lebanon with "grave concern"

Stock market strategy: Where to invest as Israel war escalates, oil rises

Stock market crash: The BSE benchmark has tumbled nearly 3,500 points from its record high level of 85,978 level, touched on September 27, 2024

G-7 countries to hold emergency meeting as Israel-Iran conflict escalates

Italy, which holds this year's G-7 presidency, will host the extraordinary call on Wednesday. Foreign Minister Antonio Tajani told Parliament time was of the essence to avoid further escalation

New updates: Oil prices jump 5% on concerns over West Asia, say reports

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Israeli strike in Beirut kills 9 as battle with Hezbollah continues

An Israeli airstrike on an apartment in the Lebanese capital has killed nine people, according to Lebanon's health ministry. Israel has been pounding areas of the country where the Hezbollah militant group has a strong presence since late September, but has rarely struck in the heart of Beirut. There was no warning before the strike late Wednesday, which hit the building close to the United Nations headquarters, the prime minister's office and parliament. Hezbollah's civil defence unit said seven of its members were killed. Israel is also conducting a ground incursion into Lebanon against Hezbollah, while also conducting strikes in Gaza that killed dozens, including children. The Israeli military said eight soldiers have died in the conflict in southern Lebanon. Israel and Hezbollah have traded fire across the Lebanon border almost daily since the day after Hamas' cross-border attack on October 7, 2023, which killed 1,200 Israelis and took 250 others hostage. Israel declared war on

Israel extends evacuation warnings in Lebanon, strikes Beirut's suburb

The Israeli military on Thursday warned people to evacuate a city and other communities in southern Lebanon that are north of a UN-declared buffer zone, signalling that it may widen a ground operation launched earlier this week against the Hezbollah militant group. Israel has told people to leave Nabatieh, a provincial capital, and other communities north of the Litani River, which formed the northern edge of the border zone established by the UN Security Council after the 2006 war in a resolution that both sides accuse the other of violating. At least eight Israeli soldiers have been killed in clashes with Hezbollah in southern Lebanon, where Israel announced the start of what it says is a limited ground incursion earlier this week. The region was meanwhile bracing for Israeli retaliation following an Iranian ballistic missile attack. Strikes kill and wound first responders The Lebanese Red Cross said an Israeli strike wounded four of its paramedics and killed a Lebanese army sold

Oil prices rise as West Asia tension overshadows strong supply outlook

Israel bombed Beirut early on Thursday, killing at least six people, after its forces suffered their deadliest day on the Lebanese front in a year of clashes with Iran-backed Hezbollah

Biden says Israel has right to hit Iran back, but sets one big condition

US President Joe Biden has affirmed Israel's right to retaliate to Tuesday's Iranian missile attack, while the Israeli Cabinet has delayed its response in a bid to coordinate with Washington

Israel strikes central Beirut, killing 6 after deadly clash with Hezbollah

Israel pressed forward on two fronts on Wednesday, pursuing a ground incursion into Lebanon against Hezbollah that left eight Israeli soldiers dead and conducting strikes in Gaza that killed dozens, including children. As Israel vowed to retaliate for Iran's ballistic missile attack a day earlier, the region braced for further escalation. Iran, which backs both Hezbollah and the Hamas militants who run the Gaza Strip, launched dozens of missiles into Israel on Tuesday night, another escalation in a tit-for-tat cycle that is pushing the Middle East closer to a regional war. Israel warned that the attack would have "repercussions". The Israeli military said seven soldiers were killed in two Hezbollah attacks in southern Lebanon, without elaborating. The deaths followed an earlier announcement of the first Israeli combat death in Lebanon since the start of the incursion -- a 22-year-old captain in a commando brigade. Another seven troops were wounded. Together, the deaths announced on

Israel again destroys Iranian missiles. Does India have similar technology?

Israel's sophisticated, multi-layered missile defence system saw action during Tuesday's Iranian missile attack. Find out if India has similar defence technology

French Embassy in Iran issues travel warnings over tensions with Israel

They advised their nationals to absolutely refrain from coming to Iran and asked them to leave Iranian territory as soon as possible

India is Israel's strategic partner: Daniel Carmon, former Israeli envoy

The former envoy further remarked that the disruption of maritime transportation by the Houthis is a significant concern for India, given its interests in the region

IDF chief vows to bring back hostages amid increased military readiness

Iran launched approximately 200 missiles at Israel targeting civilian areas and endangering lives, thanks to proper civilian response and advanced defences, the damage was relatively minor, he said

Israel's ban on Guterres a political statement in long-running rift: UN

The United Nations on Wednesday called Israel's ban on Secretary-General Antonio Guterres entering the country a political statement by its foreign minister and stressed that the world body's contacts with Israel will continue "because they have to". UN spokesman Stephane Dujarric told reporters that Israeli Foreign Minister Israel Katz deeming the UN chief "persona non grata" is also "one more attack on the United Nations staff that we've seen from the government of Israel". Israel's accusations of UN bias and antisemitism date back decades, but the rift has intensified since Hamas' October 7 attacks in the country's south killed about 1,200 people and launched the war in Gaza. Israel's offensive against the militant group has killed over 41,000 Palestinians, according to the Gaza Health Ministry, which does not say how many were fighters but that a little more than half were women and children. An Israeli ground incursion in Lebanon and other attacks against Hezbollah, a Lebanese

Biden won't support strike on Iran nuclear sites as Israel weighs payback

President Joe Biden said Wednesday he will not support an Israeli strike on sites related to Tehran's nuclear programme in response to Iran's missile attack on Israel. The answer is no, Biden told reporters when asked if he would support such retaliation after Iran fired about 180 missiles at Israel on Tuesday. Biden's comments came after he and fellow Group of Seven leaders from Canada, France, Germany, Italy, Japan and the United Kingdom spoke by telephone about coordinating new sanctions against Iran. The White House said in a statement that the leaders unequivocally condemned Iran's attack against Israel and that Biden reaffirmed America's full solidarity and support to Israel and its people. Biden added that there are things that have to be done in response to the Iranian barrage. He said he expected sanctions from the G7 nations to be announced soon. We will be discussing with the Israelis what they are going to do, Biden told reporters before heading to the Carolinas to see

Chris Wood trims India exposure; says geopolitics biggest risk to markets

A deterioration in the geopolitical situation is the biggest risk to global equity markets, Wood said, which he believes is not yet fully discounted by them

Iranian missile attacks on Israel: MEA urges restraint, calls for diplomacy

New Delhi has issued a travel advisory against non-essential visits to Iran