Page 16 - Latest Updates on West Asia Conflict

Oil tanker with 24 Indians catches fire off Oman coast; all safe, says MEA

Missions issue advisory to Indians in Iran, Israel

Oil tanker with 24 Indian seafarers catches fire off Oman coast; all safe

A fire was reported aboard an oil tanker carrying 24 Indian seafarers off the coast of Oman on Monday, as Israel and Iran exchanged fresh attacks in their first major escalation since the ceasefire. The Madagascar-flagged MT Marivex reported a fire around 1.30 pm IST, Opesh Kumar Sharma, a director in India's Ministry of Ports, Shipping and Waterways, said at a news briefing. Sharma declined to comment on the cause of the fire but said the vessel was carrying 24 Indian crew members. The tanker was empty and located well outside the Strait of Hormuz, a key shipping route that has been affected by regional tensions, he said. "This is the preliminary information which we have received... as per available information, all Indian seafarers are safe," Sharma said. "We are coordinating with the Ministry of External Affairs, our missions abroad, Indian Navy, Ministry of Defence, to ensure their safety." Ship-tracking data showed the vessel at anchor south of Muscat. The tanker issued a

Wider Gulf crisis would be worrying, India has 76-80 days of oil: Puri

It may remain a conflict not confined to that theater ... you know, you could have problems elsewhere, Hardeep Singh Puri said

Avoid Iran travel, exit immediately: Indian Embassy issues urgent advisory

The emergency communication comes on the heels of major military escalations over the last 24 hours, which have seen multi-city kinetic engagements and airstrikes on strategic installations

US responsible for consequences of any escalation in region: Iran

An Iranian official warned Monday that the United States is "responsible for the consequences of any escalation" in the Middle East caused by Israel. Iranian Foreign Ministry spokesman Esmail Baghaei made the comment in a briefing with journalists on Monday in Tehran. "No one believes that the Israeli regime would take any action without coordination with the United States," Baghaei said. "The United States bears responsibility for the Israeli regime's aggression, and it will also be responsible for the consequences of any escalation in tensions.

Yemen's Houthis to impose ban on Israeli maritime navigation in Red Sea

They ‌also said ‌in ‌a statement that they had attacked Israel

Qatar, Iran discuss mediation efforts amid rising regional tensions

Qatar PM Sheikh Mohammed bin Abdulrahman Al Thani and Iran FM Abbas Araghchi discussed mediation efforts and the evolving security situation in West Asia during a phone call

Israel hits Iran petrochemical plant amid renewed West Asia tensions

Israel earlier on Sunday launched strikes in the Beirut area for the first time since the US ‌announced a truce plan for Lebanon last week

Iranian envoy says Hormuz strait will be open but with transit fees: Report

The US-Israeli war on Iran has largely cut oil flows via the strait, which before the conflict saw one-fifth of the world's ‌oil pass through

Oil, AI, and geopolitics: The triple threat to FY27 earnings growth

Possible steep hike in oil & gas prices could lead to further rise in inflation, which, in turn, could push up bond yields, and hence, slowdown in banking credit growth.

Israel activates air defence systems to intercept missiles from Yemen

The development occurs against the backdrop of sharply rising friction across West Asia following the recent cross-border missile strikes exchanged between Iran and Israel

Oil prices climb over $3 amid renewed tensions between Israel, Lebanon

Brent crude futures rose $3.20 or 3.39 per cent to $96.24 a barrel while US crude futures were up $2.87 or 3.17 per cent at $93.41 per barrel as of 0333 GMT

After months of war, Iranians sink into disillusionment and despair

An imploding economy is causing hopelessness among both pro- and anti-government Iranians. And for those who wished for regime change, the letdown is palpable

'Get back to table, make a deal': Trump asks Netanyahu not to strike Iran

Iran launched missiles at Israel on Monday, marking the first Iranian missile attack since the April 8 ceasefire

Israel announces closure of Gaza crossings amid tensions with Iran

The Coordinator of Government Activities in the Territories (COGAT) said the move is part of 'necessary security measures'

Iran fires several rounds of missiles at Israel as Trump defends ceasefire

Negotiations between Washington and Tehran are bogged down over the fate of billions of dollars of frozen Iranian assets and a parallel conflict between Israel and Iran-backed Hezbollah in Lebanon

US intel warns Israel 'spied' on US officials during Iran peace push

The Defence Department has increased the counterintelligence threat assessment to its highest level, and Israel is believed to have eavesdropped on American negotiations with Iran

US likely to use Iranian assets to help Gulf allies recover from war

US Treasury Secretary Scott Bessent has also directed a team to assess costs for damage already inflicted on Gulf allies by Iran

US hits Iranian radar sites after drones target shipping near Hormuz

Iran fired ​seven ballistic ​missiles toward Kuwait and Bahrain ​hours after Centcom shot down four Iranian one-way attack drones that were launched toward ​the Strait of Hormuz

How oil avoided a $200 surge despite the biggest supply shock ever

Governments around the globe coordinated a historic release of strategic reserves, while Gulf producers rerouted shipments through alternative export routes