Page 26 - Israel Iran Conflict

Venezuelan crude exports surge to 6-year high as India fills China gap

Indian refiners, including Reliance Industries Ltd, Hindustan Petroleum Corp and Indian Oil Corp have purchased a combined 343,000 barrels a day for loading in March

Iran sceptical of diplomacy for now, doubts Trump's intent, says US intel

Any decision by Iran to keep fighting would complicate President Trump's stated goal of trying to end the war within weeks

We'll endure any US attack: Full text of Iranian Prez's open letter to US

Iran's President Masoud Pezeshkian in a message to American people said both confrontation and engagement between Iran and the US are accessible, adding that Iran will endure any aggression by the US. "Today, the world stands at crossroads. Continuing along the path of confrontation is more costly and futile than ever before. "The choice between confrontation and engagement is both real and consequential; its outcome will shape the future for generations to come," said Pezeshkian. "Throughout its millennia of proud history, Iran has outlasted many aggressors. All that remains of them are tarnished names in history, while Iran endures - resilient, dignified, and proud." Pezeshkian did not mention a ceasefire offer last week by President Trump, though he accused Israel of dragging the US into a war against Iran. "Is it not also the case that America has entered this aggression as a proxy for Israel, influenced and manipulated by that regime?" asked Pezeshkian.

Trump initially laid out five goals for Iran war. Here's where they stand

The US and Israel have done significant damage to Iran's military capabilities. But Iran still fires missiles, has nuclear material and coordinates with militias in the region

'Saplings of hope': Mojtaba Khamenei calls for drive to revive Iran's infra

Reflecting on the resilience of the public, the Supreme Leader described the nation as having maintained a spirit of 'steadfastness and dignity' throughout the recent spring commemorations

Iran slams 'satanic' war, says new leader Mojtaba Khamenei 'safe and sound'

Iranian Ministry of Foreign Affairs emphasised that the current hostilities were 'not Tehran's war of choice, but rather one imposed by the US and Israel'

Tehran intercepts advanced US-Israeli spying equipment, arrests operatives

As reported by the Tehran-based broadcaster, these "devices were meant to be distributed among operatives across the country" to facilitate further intelligence gathering

We'll hit Iran hard over next 2-3 weeks, send them to 'stone age': Trump

Trump said talks with Iran were underway but warned that the US would step up strikes if no agreement is reached

Stocks to Watch today: Acme Solar, Indian Oil, Power Grid, Glenmark Pharma

Stocks to Watch today, April 2, 2026: Lupin, Inox Clean Energy, Latent View Analytics, Jubilant FoodWorks, and Lemon Tree Hotels are among the top stocks to watch during today's trading session

War in West Asia risks triggering a new era of oil-induced stagflation

The war could result in huge geoeconomic shifts. The big immediate winner is Russia, benefitting from higher oil prices and the removal of sanctions

Sensex, Nifty surge as Donald Trump hints at timeline to end Iran war

Benchmarks surrender part of gains, end 1.6% higher; crude oil slips below $100 per barrel

Iran's 'new regime' seeks ceasefire, 'will consider if Hormuz opens': Trump

Trump claimed that an Iranian leader had sought a ceasefire. He added that the United States would consider it only when the Strait of Hormuz was open, free, and clear

Experts cut Germany's growth outlook for 2026, 2027 due to Iran conflict

German growth forecasts for 2026 and 2027 were cut by experts on Wednesday as governments across Europe implement measures aimed at reducing the price impact of the Iran war. A group of five economic institutes predict German gross domestic product will expand by 0.6 per cent this year - less than half the 1.3 per cent they forecast in September - and by 0.9 per cent in 2027, down from 1.4 per cent. The economic outlook was below the government's own forecast, issued two months ago, of 1 per cent and 1.3 per cent growth, respectively. The Iran war has created an unwelcome new obstacle to growth across Europe. The annual inflation rate in the 21-nation euro area sped up to 2.5 per cent in March from 1.9 per cent the previous month. It was powered by a 4.9 per cent increase in energy prices as the war and the blocking of the Strait of Hormuz sent fuel costs higher. "This energy price shock is hitting a German economy in which a recovery set in last year after a several-year downturn,"

Nato a 'paper tiger', considering pulling US out of it: Donald Trump

US President Donald Trump called Nato a 'paper tiger' and said US withdrawal is 'beyond reconsideration' after the bloc members refused to participate in the Iran war

CCS to meet at 7 PM today in national capital amid West Asia conflict

A week earlier, Prime Minister Narendra Modi had chaired a meeting of the Cabinet Committee on Security to review the situation

Securing Iran's enriched uranium by force would be risky, complex: Experts

Should the US decide to send in military forces to secure Iran's uranium stockpile, it would be a complex, risky and lengthy operation, fraught with radiation and chemical dangers, according to experts and former government officials. US President Donald Trump has offered shifting reasons for the war in Iran but has consistently said a primary objective is ensuring the country will "never have a nuclear weapon". Less clear is how far he is willing to go to seize Iran's nuclear material. Given the risks of inserting as many as 1,000 specially trained forces into a war zone to remove the stockpile, another option would be a negotiated settlement with Iran that would allow the material to be surrendered and secured without using force. Iran has 440.9 kilograms (972 pounds) of uranium that is enriched up to 60 per cent purity, a short, technical step from weapons-grade levels of 90 per cent, according to the International Atomic Energy Agency, the UN's nuclear watchdog agency. That ...

Iran hits tanker off coast of Qatar; Israel kills 5 in Beirut attack

Iran hit a tanker off the coast of Qatar and Kuwait International Airport early Wednesday as Tehran remained unrelenting in its attacks on its Gulf Arab neighbours, while acknowledging for the first time that Washington had been in direct contact about a possible ceasefire. Israel sounded warnings of incoming fire from both Yemen and Iran, while launching its own attacks in Lebanon that killed at least five people. An airstrike on Tehran appeared to have hit the former US Embassy compound, which has been controlled by Iran's Revolutionary Guard since the 1979 hostage crisis. Witnesses said buildings outside the massive compound had their windows blown out and that it appears the strike happened inside the walled facility. With no sign of the war abating and more than 3,000 lives already lost, US President Donald Trump suggested it could be over within two weeks even as he moved to bring thousands more troops to the region. No signs of Iran relinquishing grip on Strait of Hormuz ...

How Iran war is fuelling a global aviation crisis as jet fuel prices spike

Jet fuel prices, the single largest cost component for airlines, have surged sharply since February and are now forcing airlines globally to raise fares and activate emergency cost controls

Commercial LPG prices hiked by ₹195.5 amid escalating West Asia conflict

Prices of commercial LPG were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March 7, remain unchanged. It costs Rs 913 per 14.2-kg cylinder in Delhi. State-owned Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum revise ATF and LPG prices on the first day of every month based on international benchmarks and the exchange rate. Global oil prices have shot up almost 50 per cent after the war in West Asia disrupted energy supply chains. Petrol and diesel prices continue to remain frozen after a Rs 2 per-litre reduction in March last year; petrol currently costs Rs 94.72 per litre in Delhi and diesel Rs 87.62.

RoDTEP benefits for exporters extended till Sep 30 amid Iran crisis

The government has extended fiscal benefits under the RoDTEP scheme for exporters by six months, until September 30, amid disruptions to global trade caused by the ongoing West Asia crisis. The Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme, launched in 2021, provides for a refund of taxes, duties and levies that are incurred by exporters in the process of manufacturing and distribution of goods, and not being reimbursed under any other mechanism at the Centre, state or local level. Refunds under the scheme range from 0.3 per cent to 3.9 per cent. The scheme was valid till March 31, this year. "Eligible exports made during the period from April 1 to Sep 30, 2026 shall continue to be entitled to RoDTEP benefit at the rates and value caps in force as on March 31, subject to the existing terms and conditions of the scheme," the Directorate General of Foreign Trade (DGFT) has said in a notification. The budget allocation under the scheme for 2025-26 was Rs 18,232 ..