War has overshadowed Trump's other priorities, especially with Iran's move to block the Strait of Hormuz sending the price of oil above $100 a barrel
Operations were suspended at the Shah natural gas field in the UAE while officials assessed damage from a fire touched off by a drone attack
The brief shutdown came a day after Dubai's main international airport halted flights for several hours after a drone strike triggered a fuel-tank fire
The war in the Middle East raged on multiple fronts Monday, as the U.S. and Israel pummeled military targets in Iran's capital, Israel stepped up its campaign against Iran-backed militants in Lebanon and Iran retaliated with a drone strike that temporarily forced the closure of Dubai's airport, a crucial hub for travelers. Fears of a global energy crisis persisted, even as a small number of ships passed through the Strait of Hormuz, a vital waterway through which a fifth of the world's oil is usually transported. Iranian strikes on commercial ships in and around the strait - and even just the threat of attacks - have slowed shipping to a trickle, dramatically increasing the price of oil and pressuring Washington to do something to ease the pain for consumers and the global economy. Brent crude, the international standard, remained over $100 a barrel on Monday. U.S. President Donald Trump said he has demanded that roughly a half-dozen countries send warships to keep the Strait of ...
Iran's ambassador to New Delhi met Indian foreign ministry officials on Monday to discuss the issue
His remarks came after the White House AI and crypto czar, David Sacks recently suggested in an interview that there were concerns about possible escalation
From the economic fallout of the West Asia conflict and lessons from modern warfare to the RBI's upcoming policy decision and Kanwal Rekhi's memoir, here are the key views from today's Opinion page.
Trump criticised NATO allies for not joining his effort to keep the Strait of Hormuz "open"
Experts explain insurance limits on cargo delays due to war disruptions, clarify DGFT export schemes for large firms, and decode the Supreme Court ruling on DEEC benefits and licence validity
Indian seafarers describe sleepless nights and evasive manoeuvres as missile alerts in Gulf waters force ships to alter routes and crews to disembark amid escalating tensions
With the war showing no signs of abating, the outlook for many sectors of India's industry is clouding over right now
Rising crude prices and unchanged retail fuel rates could squeeze marketing margins of oil marketing companies and trigger further rating downgrades if the Iran conflict persists
The principal medium-term, geopolitics-related challenge that India will face is the drift of the US towards becoming an isolated and arrogant global power, or, more accurately, a global bully
Foreign portfolio investors pull out ₹58,064 crore from Indian equities this month as geopolitical tensions and rising crude prices trigger renewed risk-off sentiment
The star for the Iranian side has been the Shahed-136 unmanned aerial vehicle (UAV), which carries a 25-kg warhead and costs less than $30,000 to make
Last week, Union Finance Minister Nirmala Sitharaman announced a ₹1 trillion economic stabilisation fund to enable India navigate such global headwinds
UN climate chief says geopolitical shocks to oil and gas markets highlight urgency of accelerating the global shift to renewable energy
Flight operations to Dubai were affected after two Emirates flights returned to Kochi and Thiruvananthapuram airports following security concerns reported at the destination airport on Monday, authorities said. Flight EK533 departed Cochin International Airport Limited (CIAL) at 4.30 am with 325 people on board. En route, the aircraft was directed to turn back due to the sudden closure of Dubai International Airport, airport spokespersons said. The flight landed back at CIAL at 8.30 am, and the passengers were later disembarked, the spokesperson said. Apart from this, another Emirates flight bound for Dubai was cancelled, and both flights have been rescheduled for Tuesday, he said. Flights to other Gulf countries continued to operate from CIAL. Similarly, an Emirates flight bound for Dubai from Thiruvananthapuram returned to the airport here on Monday due to similar issues reported at the destination airport. The airport spokesperson said the Emirates TRVDXB flight returned midwa
A day after releasing a video debunking conspiracy theories of his death, Israeli Prime Minister Benjamin Netanyahu on Monday came up with yet another video 'showing he is alive'. In the 90-second video shared on his personal X account, Netanyahu is seen interacting with people in the Jerusalem Hills. "Sticking to the guidelines and winning together," he captioned the video. In the clip, Netanyahu is seen posing for photographs with two girls, both named Shir, asking a woman walking her dog about its breed, and admiring the view of Jerusalem. "How beautiful is Jerusalem. Nothing like Jerusalem," he is heard saying in the video. Netanyahu also stressed the need for people to step out for fresh air while remaining close to shelters amid the ongoing security situation. "Where is the shelter here?" he asked people, who responded, "Nearby." "That is very important," the Prime Minister emphasised. On Sunday, Netanyahu posted a video on X in which he was seen ordering coffee at a cafe
Amid the raging conflict in West Asia, Israeli Ambassador to India, Reuven Azar, on Monday said "we are ready to stop hostilities if Iran changes course", and asserted that Tel Aviv has consulted "diplomatic channels" in the last few days, including its partners the US and countries in the region. Asked about Israel's plans as the conflict entered its 17th day on Monday, Azar told reporters, "I don't think a full-fledged terrestrial invasion is on the cards." He also said that through the military action, "we've managed to degrade Iran's launching capabilities" to a large extent. "We are still hunting launchers... And the remainders of other military capabilities," the envoy said. "Right now, we are controlling the skies of Iran," Azar told reporters, adding, "They (Iran) are in dire straits." The West Asia conflict began on February 28 when the US-Israel combine conducted airstrikes on Iran. In retaliation, Iran attacked the Gulf countries hosting American military bases and cho