Page 31 - Israel Iran Conflict

West Asia war may push cement prices higher; Nomura, Emkay pick top stocks

West Asia tensions may raise fuel and packaging costs for cement firms. Analysts see near-term margin pressure but suggest accumulating large-cap cement stocks.

Nepal hikes petrol prices by NPR 15 per litre amid West Asia crisis

Instability in West Asia often triggers volatility in global oil markets as fears of supply disruptions push prices higher

US says Iran war-driven oil reserve release will be structured as exchange

Countries around the world are planning releases from strategic oil reserves as the war in West Asia chokes supply and sends fuel prices soaring

Emirates flight bound for Dubai returns to Kochi after security incident

An Emirates flight bound for Dubai from Kochi returned to the airport here on Monday following a security incident reported from the destination airport, a CIAL spokesman said. Flight EK533 departed Cochin International Airport (CIAL) at 04.30 am with 325 people on board. En route, the aircraft was directed to turn back due to the sudden closure of Dubai International Airport, he said. The flight landed here at 08.30 am, he added. "Passengers are advised to remain on board while the situation at DXB (Dubai) is reviewed. If the airport resumes operations, the return service will continue," the spokesman said.

Trump asks 'about 7' countries to join coalition to police Strait of Hormuz

President Donald Trump said Sunday that he has "demanded" that about seven countries heavily reliant on Middle East oil join a coalition to police the Strait of Hormuz. About one-fifth the world's traded oil flows through the waterway. Trump spoke while answering reporters' questions as he flew back to Washington from Florida aboard Air Force One. The president declined to name the countries he the administration is negotiating with for protection for the strait. "I'm demanding that these countries come in and protect their own territory, because it is their own territory," Trump said about the strait, claiming the vital shipping channel is not something the United States needs because of its own access to oil. U.S. President Donald Trump's appeal to China, France, Japan, South Korea, Britain and others to send warships to keep the Strait of Hormuz "open and safe" brought no commitments on Sunday as oil prices soar during the Iran war. Iran's Foreign Minister Abbas Araghchi told

Trump leaves allies, adversaries guessing on endgame for Iran war

Trump administration is planning to announce as soon as this week that multiple countries have agreed to form a coalition to escort ships through the corridor

Aluminium nears $3,500 a tonne as major smelter slashes output in West Asia

The West Asia accounts for some 9 per cent of the world's aluminum output, and Alba's cuts add to other reductions that have stoked supply fears

China economy shows surprise rebound before West Asia war disruptions

Industrial production climbed 6.3% in the January-February period from a year ago, its fastest growth since September and up from 5.2% in December

Trump warns Nato of 'very bad' future if allies don't help reopen Hormuz

About a fifth of global oil and liquefied natural gas normally passes through the Strait of Hormuz, a narrow passage of water between Iran and Oman

India walks diplomatic tightrope between Iran and US as war bites economy

India's Brics presidency faces an early challenge as Iran seeks condemnation of US-Israel strikes, while fellow members Saudi Arabia and the UAE, targets of Iranian attacks, complicate consensus

Trump faces stark choices as West Asia conflict enters third week

As the conflict with Iran expands and intensifies, President Trump's options - to fight on, or to move toward declaring victory and pulling back - both carry deeply problematic consequences

Trump applauds FCC chief's warning to TV networks over Iran war coverage

US Federal Communications Commission chairman Brendan Carr has warned American news television networks of revocation of broadcast licenses over their coverage of the Iran war, remarks that drew sharp political backlash. After US President Donald Trump lashed out at the media coverage of the Iran war, Carr asked news broadcasters to "correct course" and "operate in public interest", failing which they risk losing their licenses. "Broadcasters that are running hoaxes and news distortions - also known as the fake news - have a chance now to correct course before their license renewals come up. The law is clear. Broadcasters must operate in the public interest, and they will lose their licenses if they do not," Carr said in a post on X on Saturday. The FCC chair's remarks drew sharp criticism from Democrats who cited the First Amendment that guarantees free speech and freedom of the press. "If Trump doesn't like your coverage of the war, his FCC will pull your broadcast license. That

Germany rules out joining Strait of Hormuz security mission for now

Germany on Sunday indicated that it won't participate in the Strait of Hormuz mission now. Foreign Minister Johann Wadephul said on ARD television, "Will we soon be an active part of this conflict? No." Wadephul said "we will only get security for the Strait of Hormuz if there is a negotiated solution." He said he is sceptical about expanding the European Union's naval mission in the Red Sea, called Operation Aspides, to the Strait of Hormuz because it hasn't been effective in its current area. Wadephul added: "It is completely clear that Europe always gives constructive support when it comes to securing sea routes, but I see neither an immediate necessity nor above all Germany participating." Iraqi agency: Rockets hit Baghdad airport, surroundings injuring 5 ------------------------------------------------------------------------- Iraq's Security Media Cell, affiliated with the country's security forces, said Sunday that Baghdad International Airport and its surroundings were

Iran's military heavily damaged, would take a decade to rebuild: Trump

Trump also accused Iran of spreading AI-generated disinformation about the ongoing conflict and criticised media organisations for reporting false information

Nuclear material buried under rubble after US strikes: Iranian FM Araghchi

Araghchi also said Iran had previously been willing to dilute its stockpile of highly enriched material during negotiations with the United States before the latest escalation

Air India, AI Express to operate 48 flights to and from West Asia today

These flights are being operated with the requisite permissions from the relevant Indian and local regulatory authorities

Asian markets wary as oil prices climb amid conflict in West Asia

The WSJ reported the Trump administration plans to announce as early as this week that multiple ​countries have agreed to form a coalition to escort ships through Hormuz

Iran shows journalists part of Tehran heavily damaged by US-Israeli strike

A strike on the Javadieh neighbourhood of southern Tehran on Friday hit a police station and several surrounding buildings. Elham Movagghari, a resident of the area who spoke to journalists Sunday, said she was shocked by the attack. "We were confused and didn't know what had happened," she said. "We just ran away." Another resident, Hossein Ghardashi, said the strike threw him across the room. "When I got up and came to my senses, I saw that two or three pieces of glass had gone into my face and head" he said. Italy's defence chief says drone hit base in Kuwait housing Italian, US forces ---------------------------------------------------------------------------- Italy's chief of defence staff Gen Luciano Portolano said the attack on the Ali Al Salem base occurred on Sunday morning and destroyed an Italian drone inside a shelter on the base. No Italian personnel were injured, he said, in comments posted on X. Italian troops are stationed at the base as part of a coalition tas

Iranians cross into Iraq for cheaper food, work after border reopens

Dozens of Iranians crossed into northern Iraq Sunday - the first day the border had opened since war struck their country - to buy cheaper groceries, access the internet, contact relatives and find work. Travellers said constant airstrikes and soaring food prices have made life in Iran increasingly desperate. Trucks laden with goods snaked through the Haji Omeran crossing from Iraq's Kurdish region, offering a hoped for respite from high costs on the Iranian side. Even before the US and Israel launched their war against Iran, Iranian Kurds routinely crossed into Iraqi Kurdistan, sharing deep familial, cultural and economic ties and porous borders that enable steady trade and regular visits. Now Iraq's Kurdish region has become a crucial lifeline for Iranians in the war-torn region to reach the outside world. "When this border was closed, it affected everyone. Poor people, rich people, workers," said Khider Chomani, a truck driver on his way to Iran carrying goods. The border was .

'Neither sought truce nor talks': Iran rejects Trump's ceasefire claim

Remarks come a day after Trump said the United States was not ready to make a deal with Iran because 'the terms aren't good enough yet'