Page 28 - Israel Iran Conflict

Iran war could end in two to three weeks, deal 'possible': Trump

The President's optimism appears to stem from a perceived shift in the political landscape within Tehran

Best of BS Opinion: Budget math meets oil shock as global faultlines widen

Here are the best of Business Standard's opinion pieces for today

Unilever imposes global hiring freeze citing West Asia conflict impact

The London-based company said in a statement that it had introduced a temporary pause on recruitment due to an 'uncertain external environment,' adding that it would adjust plans as needed

China confirms 3 ships crossed Strait of Hormuz amid ongoing conflict

Ship-tracking data showed two Chinese container ships sailed through the Strait of Hormuz on Monday on their second attempt to leave the Gulf after turning back on Friday

Expired visa in Saudi Arabia? Call 992 as relief window nears April 18

Stranded in Saudi Arabia with an expired visa? Authorities ask affected individuals to call helpline 992 as relief window closes April 18

In crisis created by the Iran war, survival won't be enough for businesses

Beyond firefighting, leaders must leverage shifting market dynamics and deepen relationships to secure a long-term competitive advantage

Recent global conflicts reaffirm need for strong Navy: Vice Admiral Sobti

Deputy Chief of Naval Staff Vice Admiral Tarun Sobti on Tuesday said the recent global developments reaffirm the need for a strong navy and with rising strategic competitions and conflicts, the Indian Navy remains the prime manifestation of the country's maritime power. He was addressing a gathering during the launch of the first Next Generation Offshore Patrol Vessel (NGOPV) built by Goa Shipyard Limited in Vasco. "India's identity as a maritime nation is defined by its geography and history. With a vast coastline, numerous land territories, both in the Arabian Sea and Bay of Bengal, and an Exclusive Economic Zone, our maritime domain is both a source of responsibility and of opportunities," Vice Admiral Sobti said, after launching the vessel. The seas around us carry the lifeline of trade, energy and connectivity, he pointed out. "Safeguarding these interests requires a capable, responsive and forward-looking navy. Indian Navy's role in shaping the geopolitical environment in the

Iran war could shave off 1% point from India's FY27 GDP growth forecast: EY

India's real GDP growth for the next fiscal could erode by around 1 percentage point, while retail inflation could rise by about 1.5 percentage points from their baseline estimates if the Middle East conflict persists through the next fiscal, an EY report said. The EY Economy Watch report said that several sectors, including employment-intensive sectors like textiles, paints, chemicals, fertilizers, cement and tires, could be directly impacted. Any reduction in employment or incomes in these sectors may further dampen aggregate demand. As a result, both supply and demand conditions may be adversely affected by global oil market disturbances. It said the Indian economy, which imports nearly 90 per cent of its crude oil requirements, is also highly dependent on imports of natural gas and fertilizers, and is particularly vulnerable to such external shocks, with the adverse effects likely to cascade across multiple sectors through strong forward and backward linkages with crude oil and .

Brazil's dual-fuel ethanol fleet stabilises gasoline prices amid Iran war

As the war in Iran rattles global oil markets, Brazil is partially shielded by a decades-old buffer against shocks that is both cheap and environmentally friendly. Tens of millions of drivers here can choose between filling their tank with 100 per cent sugarcane-based ethanol or a gasoline blend that contains 30 per cent of biofuel. Brazil's massive dual-fuel fleet - consisting of vehicles capable of running on any combination of ethanol and gasoline - is unique in its scale. The program, launched in 1975 during the country's military dictatorship, has successfully evolved in democratic times to reduce dependency on foreign oil. Today, as the latest conflict involving Iran, the United States and Israel enters its fifth week, nations like India and Mexico are looking at the Brazilian model as a blueprint for energy security. While consumers worldwide face steep price hikes, Brazilian gasoline prices rose just 5 per cent in March - compared to 30 per cent in the United States. Analys

Israel conducts fresh strikes in Iran, US targets key military infra

The attacks were testament to the intensity of the monthlong war the US and Israel launched against Iran, which has maintained its chokehold on the Strait of Hormuz

Trump open to ending Iran military campaign even if Hormuz remains shut

US President Donald Trump is reportedly open to ending the military campaign against Iran without reopening the Strait of Hormuz, prioritising strikes on Tehran's navy and missile stockpile

Why closure of Strait of Hormuz leaves Asian nations most vulnerable

Wealthier economies like China, Japan and Singapore, with deep pockets and strategic reserves, can cushion the blow - in the short term at least - but others are more exposed

Iranian Speaker warns of 'decisive' response amid US military build-up

He emphasised that the people of Iran, led by the Supreme Leader, will not only defend their rights but also make the enemy regret their actions

West Asia war updates: Iran moves to charge Hormuz transit; Brent at $111

Iran has approved a plan to impose tolls on ships passing through the Strait of Hormuz amid the ongoing West Asia war, raising concerns over global oil supply as Brent crude trades near $111 a barrel

Oil-thirsty Asian nations seek Russian crude as Iran war strains supplies

Asian nations are increasingly competing for Russian crude oil as an energy crisis mounts amid the month-old war by the US and Israel against Iran, which has choked off roughly a fifth of the world's oil supply. Much of the oil from the mostly shut Strait of Hormuz was headed for Asia, hit hardest by recent energy shocks. Over the weekend, Iran-backed Houthi rebels entered the conflict, further threatening shipping. To shore up global crude oil supplies, the US has temporarily eased sanctions on Russian oil shipments already at sea - first for India, then for the rest of the world. Demand is rising in Asia while Russia is raking in billions of dollars. But experts say there is a limit to how much Moscow can boost its exports of crude oil, which is unrefined petroleum needed to make fuels like gasoline and diesel, and it is already exporting at a level close to its previous peak. In addition, Russia's 4-year-old full-scale invasion of Ukraine and recent drone attacks on its energy .

Gold set for worst month in over 17 years as US rate-cut hopes fade

Bullion has fallen more than 13% so far this month, putting it on track for its steepest decline since October 2008, weighed down by strong dollar and fading ​expectations of a US rate cut this year

Pentagon rejects claim of Hegseth's alleged investment, seeks retraction

According to reports, a broker representing US Secretary of War Pete Hegseth sought to invest in a major US defence-focused fund in the weeks leading up to the US-Israeli military action against Iran

India condemns attack that killed two UNIFIL peacekeepers in south Lebanon

According to a statement issued by UNIFIL, the incident occurred near Bani Hayyan in Southern Lebanon, resulting in the deaths of two peacekeepers, while a third one sustained severe injuries

Ops in Iran beyond halfway point, focus now on uranium stockpile: Netanyahu

Netanyahu expressed confidence in the progress of the joint military campaign, emphasising that significant steps have been taken to dismantle Iran's military and nuclear capabilities

India thanks Azerbaijan for aiding evacuation of nationals from Iran

Embassy also noted that the Indian Ambassador to Azerbaijan, Abhay Kumar, met Indian nationals transiting via the country from Iran and enquired about their well-being