Page 30 - Israel Iran Conflict

Over 4 in 10 households face LPG delays; black market sales rise: Survey

A new LocalCircles survey found that 43% of household consumers reported experiencing LPG delays in the last week, indicating that nearly half of the respondents struggled to get timely deliveries

Govt in talks with tech industry, no impact seen from Iran war: Vaishnaw

The government is in dialogue with hi-tech industry associations on the West Asia conflict and its impact on the ecosystem, and industry bodies have not reported any adverse impact on their operations, Union Minister Ashwini Vaishnaw said on Monday. The Electronics and IT Minister's comments came amid reports that the helium crunch has started impacting global tech supply chains. "We have asked every industry association here, and each one has said that so far there is no impact... This includes semiconductors, mobile, electronics components, and hardware space...It is an evolving situation. So, we will continue interacting with the industry," Vaishnaw told reporters. The industry believes that the West Asia crisis will not be prolonged, he said.

War disrupts life on Iraq-Iran border, isolates families, halts trade

To speak with his mother inside Iran, Yaser Fattahi waits in self-exile in Iraq for brief calls arranged by a cousin back home who travels close to the border between the neighbouring countries where he can pick up a signal to connect them. Fattahi fled to neighbouring Iraq in December, fearing arrest over his participation in anti-government protests in Iran. A trained nurse, he was caring for wounded protesters in their homes so they wouldn't have to seek care in state-run hospitals that were under surveillance. Now, as the war intensifies, he worries constantly for his mother's safety amid US and Israeli bombardment. The war has disrupted telecommunications and concentrated Iranian forces along the frontier, choking off communications and trade for many. When Fattahi's cousin can make it to the border, he calls over WhatsApp using one phone with an Iraqi SIM card and then connects to Fattahi's mother using another phone with the Iranian cell network. "The calls last a minute or

Iran confirms death of Revolutionary Guard navy chief Alireza Tangsiri

Iran on Monday confirmed the death of Revolutionary Guard navy chief Alireza Tangsiri. Israel had claimed on Thursday that it killed Tangsiri, a rear admiral in the Iran navy. A statement from the Guard on Monday, read on state television, said Tangsiri "joined the ranks of Allah due to the severity of his injuries." It praised his efforts, particularly in helping Iran maintain a chokehold on the Strait of Hormuz. "Every fighter is a Tangsiri, and we will see what surprises they will bring in the days and months ahead," the statement added.

US sees first combat loss of valuable E-3 AWACS jet after Iranian strike

The so-called AWACS plane, which has a rotating radar disc mounted above its fuselage, is used to spot distant threats and direct other combat aircraft

One Indian killed as Iranian strikes hit Kuwait's water desalination plant

The Indian Embassy in Kuwait expressed condolences upon the death of an Indian national due to an attack on a desalination facility

Chinese cargoes signal fuel relief for Asian neighbours despite curbs

China, a major Asian fuel exporter, halted overseas oil product sales, forcing refiners to cancel or renegotiate shipments to prioritise domestic supply

Australia to halve tax on fuel, underwrite spot cargoes driven by Iran war

Halving the tax would reduce the cost of fuel by 26.3 Australian cents per litre, PM Albanese said

Israel approves revised war budget to $222 bn extending reliance on debt

The spending plan, approved by Knesset lawmakers early Monday in a vote of 62 to 55, totals 699 billion shekels ($222 billion) and sets a deficit target of 4.9 per cent of gross domestic product

West Asia war's gas supply shock pushes top consumers back to coal

Gas prices in Europe and Asia have yet to reach 2022 levels, but they have already soared - pricing many emerging economies out, with industrial clients already severely impacted across Asia

How do Israel and Iran's nuclear status differ under international law?

Difference stems from NPT obligations and state consent, not a legal contradiction

Foreigners dump record $12 bn Indian equities amid Iran war, energy crisis

Soaring energy costs have hurt oil-importing Asian peers, but the scale of outflows from India points to already bearish global sentiment

West Asia war volatility strains trading in world's biggest markets

None of the world's biggest markets, from US Treasuries, to gold, to currencies have been spared, investors and traders said

Gold finds footing near $4,500 as West Asia conflict enters fifth week

Bullion recovered some early losses to hold near $4,500 an ounce, showing resilience despite the continued rise in oil prices and downturn in equities

West Asia war: Trump says US could 'take the oil' in Iran; Brent at $115

Donald Trump says Iran will allow 20 oil ships through the Strait of Hormuz, while Brent crude has surged to about $115 a barrel. Here are the top updates at 9 am (IST)

Asian shares decline as oil prices surge, Iran war fears weigh on markets

The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth straight losing week, its longest such streak in nearly four years

Rupee opens 125 paise higher as RBI clamps down on speculative bets

The move follows the RBI's March 27 directive, issued after market hours, capping the open positions that banks can hold in the onshore currency market at $100 million at the end of each trading day

Trump claims regime change in Iran has already occurred amid West Asia war

Donald Trump signals that while a formal deal with Iran remains uncertain, shifting ground realities suggest regime change may already have occurred amid the ongoing conflict and negotiations

Trump claims Iran gave in to US demands, considers seizing Kharg Island

Taking Iran's oil would require a risky military operation involving the invasion and occupation of its main export hub, Kharg Island, which also houses an Iranian naval base

Iranian strikes spread as US troop buildup spurs escalation concern

The arrival of a US amphibious assault group and the entry of Iran-backed Houthi forces heightened fears of escalation as the war entered its second month