Page 20 - Israel Iran Conflict

West Asia crisis: Two more Indian-flagged LPG ships exit the Gulf

A third vessel, Jag Vikram, is still in the west of the Strait of Hormuz, according to ship tracking data

Use of Strait of Hormuz must be guaranteed in any US-Iran deal: UAE

UAE official Anwar Gargash said the Strait of Hormuz cannot be weaponised, stressing that its security is not a regional bargaining chip but a global economic imperative

Airstrikes on Iran kill over 25 as Trump's deadline to open Hormuz looms

A series of airstrikes early Monday morning on Iran's capital targeted the Sharif University of Technology. Iranian media reported the strikes and damage to buildings there, as well as a natural gas distribution site next to the campus. It wasn't immediately clear what had been targeted on the grounds of the university, which is empty of students as the war has forced all schools in the country into online classes. Multiple countries over the years have sanctioned the university for its work with the military, particularly on Iran's ballistic missile programme, which is controlled by the country's paramilitary Revolutionary Guard. The Guard and other security forces have been using secondary sites as rally points as their bases have come under repeated attack during the war. Explosions rang out into the night. The sound of low-flying fighter jets could be heard off and on for hours. Meanwhile, the state-run IRAN daily newspaper said in an online message that an airstrike in a ...

Last-ditch diplomacy: Inside US-Iran plan to freeze West Asia war for 45 days

US and Iran are exploring a 45-day ceasefire through back-channel diplomacy to prevent further escalation in West Asia, stabilise oil markets and ease pressure on global shipping routes

Not China's war, but Beijing's long-term energy strategy is paying off

Long concerned about geopolitical crises, China redoubled efforts to secure energy security when US President Trump started raising the stakes in his first term

A harrowing race against time to rescue a downed US airman in Iran

For the Iranians, the Air Force colonel whose fighter jet had been shot down was possible leverage. For the US military, finding him was a moral imperative

West Asia war: Trump's expletives-laden threat meets Iran's 'in-kind' reply

Donald Trump sets a deadline on Hormuz access as Iran warns of retaliation while ceasefire talks gather pace. Here are the top developments

West Asia war hits henna exports from Rajasthan's Sojat, cargo stuck

Traders say the continuing conflict has severely impacted business operations, with its ripple effects being felt across countries, cities and even rural markets

'Language reflects personality': Iran leader's envoy in India slams Trump

His remark came after Trump issued a strong warning to Iran to reopen the strategically vital Strait of Hormuz as the conflict in West Asia escalates

West Asia conflict: US, Iran explore 45-day ceasefire plan with mediators

The first phase would involve a 45-day ceasefire, during which negotiations toward a permanent end to the war would take place

Bank stocks' $95 billion rout may deepen as risks mount amid Iran war

Global investors withdrew a record ₹32,700 crore from the shares of financial services companies in the first two weeks of March, according to National Securities Depository data

Iranian foreign minister dials EAM Jaishankar, discusses West Asia crisis

External Affairs Minister S Jaishankar spoke to Iranian Foreign Minister Abbas Araghchi and Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani on Sunday and discussed the West Asia conflict amid US President Donald Trump's fresh ultimatum to Iran demanding the reopening of the Strait of Hormuz. The external affairs minister also held a phone conversation with Foreign Minister of the United Arab Emirates Sheikh Abdullah bin Zayed Al Nahyan. It is understood that the conflict's impact on global energy supplies figured prominently in the talks. "Received a call from Foreign Minister @araghchi of Iran. Discussed the present situation," Jaishankar said on social media without elaborating. The Iranian embassy in New Delhi said the two foreign ministers discussed bilateral relations as well as regional and international developments. Jaishankar's phone conversations with leaders of the three West Asian nations came against the backdrop of a spike in tensions in the

Iran warns to respond 'in kind' to any US attacks on its energy infra

This came in response to US President's threats of military action against Iran if Tehran fails to reach an agreement with Washington to end the conflict and open the strategic Strait of Hormuz

Oil prices rise as Trump's threats to Iran heighten supply disruption fears

Brent crude futures rose $1.71, or 1.6 per cent, to $110.74 a ​barrel by 0057 GMT while US WTI was up 0.6 per cent, trading at $112.25 per barrel

Iran-linked groups target US diplomats in Iraq; Washington urges action

US Embassy in Baghdad, the US Consulate General in Erbil and the Baghdad Diplomatic Support Centre have been repeatedly targeted since the onset of the US-Israeli war with Iran

Trump issues ultimatum to hit Iran's power plants after US airman's rescue

Trump, in renewing his threats to target Iran's civilian infrastructure, used an expletive in social media post and told Axios he will be 'blowing up everything over there' if Iran doesn't make a deal

Best of BS Opinion: Iran conflict could trigger prolonged bear market

From US foreign policy risks and India's labour data changes to bear market fears and FCRA concerns, today's Best of BS Opinion brings together key insights shaping global and domestic debates

West Asia conflict: Predictable expenses likely to boost EV demand

CSEP study says high crude prices may accelerate EV transition, but electric cars will continue to rely on fiscal incentives to remain competitive with ICE vehicles till 2030

Moody's cuts India's FY27 GDP growth forecast to 6% amid West Asia war

Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6 per cent from 6.8 per cent earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody's said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India's reliance on imported fertilisers. The region accounts for around 55 per cent of crude oil imports and over 90 per cent of liquified petroleum gas (LPG) supplies to India. "While inflation remains contained for now, geopolitical risks have tilted the inflation outlook to the upside," Moody's said while projecting inflation to average 4.8 per cent in FY27, up from 2.4 per cent in FY26. With inflation risks re-emerging and growth remaining robust, policy rates are likely to be held steady or raised gradually in fiscal .

Iran war starts pinching US as gas prices, transport costs surge

The war against Iran has started to impact Americans, with Amazon announcing a fuel surcharge for its e-commerce deliveries and some airlines hiking fees for checked-in baggage to offset higher fuel costs. The average price of petrol in the US has increased to USD 4.09 a gallon on Friday, up more than one dollar from just before the war and the highest level since August 2022. The cost of diesel has risen sharply from USD 3.64 per gallon a year ago to USD 5.53 per gallon on Friday, according to data maintained by the American Automobile Association (AAA). Diesel is widely used in farming, construction and transportation, besides other industries. E-commerce giant Amazon also said that, beginning April 17, it plans to add a 3.5 per cent fuel surcharge on third-party sellers. The US Postal Service on Wednesday said it is seeking to impose a temporary 8 per cent fuel surcharge for package and express mail deliveries to deal with rising transportation costs. If approved by the Postal