Page 39 - Latest Updates on West Asia Conflict

World leaders welcome US-Iran ceasefire, calls for lasting peace in region

From UN chief Antonio Guterres to European Commission Vice-President Kaja Kallas, UK PM Keir Starmer, and several other leaders welcomed US-Iran ceasefire and push for de-escalation

India welcomes US-Iran ceasefire, hopes access through Hormuz will continue

India welcomed the US-Iran two-week ceasefire and hoped it would ease tensions in West Asia, stressing dialogue and calling for smooth global trade through the Strait of Hormuz

'Expeditiously exit': India issues fresh advisory for citizens in Iran

The fresh advisory comes as the US and Iran agreed to a two-week ceasefire, about an hour before Trump's deadline to 'obliterate' the rival country was set to expire

India set to recieve first Iranian oil cargo in 7 years, shows data

Refiners ​have purchased ‌Iranian oil amid the ‌West Asia conflict that ‌has disrupted supplies ​through ​the Strait of Hormuz

'Exposed': Congress takes dig at PM over Pak role in US-Iran ceasefire

Taking a swipe at the government, the Congress on Wednesday said the role played by Pakistan in bringing about the ceasefire between the US and Iran is a "severe setback" to Prime Minister Narendra Modi's "highly personalised diplomacy" and "the self-styled Vishwaguru stands thoroughly exposed". The opposition party also said Prime Minister Modi's "cowardice is demonstrated by his silence not only on Israel's belligerence, but on the completely unacceptable and disgraceful language being used by his good friend in the White House". Congress general secretary in-charge communications Jairam Ramesh said the entire world will cautiously welcome the two-week ceasefire in the West Asia conflict between the US and Israel on the one side and Iran on the other. "The conflict had begun on February 28th with the targeted assassinations of the topmost echelons of the regime in Iran. These had started just two days after Prime Minister Modi had completed his much-trumpeted visit to Israel, a ..

US-Iran ceasefire, Hormuz reopening to ease shipping disruptions: FIEO

The announcement of a ceasefire, between the US and Iran, along with the reopening of the Strait of Hormuz, will provide immediate relief to exporters by easing shipping disruptions, FIEO said on Wednesday. US President Donald Trump announced a two-week suspension of military strikes against Iran. Iran agreed to allow safe navigation through the Strait of Hormuz during the ceasefire, triggering sweeping market moves across oil, equities and currencies. "The ceasefire and reopening of the Strait of Hormuz bring immediate relief to exporters by easing shipping disruptions, high freight rates, and insurance costs," Federation of Indian Export Organisations (FIEO) President SC Ralhan said. He said while this should help normalise logistics in the short term, exporters will remain cautious given the temporary nature of the truce. "Sustained stability is essential for restoring confidence and ensuring smooth trade flows," Ralhan added. The ceasefire announcement is important as the mid

Yes, risks are rising, but India can manage them: What RBI Guv Malhotra said

RBI flags rising risks from the West Asia conflict through energy prices and supply disruptions, but says India's economy is stronger and better placed to withstand shocks than before

RBI sees resilience despite West Asia crisis as it keeps repo rates steady

RBI Governor Sanjay Malhotra said the West Asia conflict has raised risks to growth and inflation via oil, trade, and supply chains, but government steps on supply chains and exports may limit the imp

RBI Policy provides a practical picture of the road ahead amid West Asia war

Rate cuts can now be ruled out and the question will be more on when there can be a rate hike. A clearer picture will emerge over the next few months

'Big day for world peace': Trump hails ceasefire agreement with Iran

US President Donald Trump in a social media post declared the ceasefire agreement a "big day for World Peace" and that the US "will be helping with the traffic buildup in the Strait of Hormuz." "There will be lots of positive action!" Trump predicted in his post. "Big money will be made. Iran can start the reconstruction process. We'll be loading up with supplies of all kinds, and just hangin' around' in order to make sure that everything goes well. I feel confident that it will." Trump's message on his Truth Social website signals Washington's concern about Iran maintaining its chokehold over the narrow mouth of the Persian Gulf, through which 20% of all oil and natural gas passes in peacetime.

West Asia war: US-Iran announce 2-week ceasefire; Trump hints at China role

The US and Iran have agreed to a two-week ceasefire after Tehran said it would reopen the Strait of Hormuz and allow ships to pass safely through the vital global shipping route

Crude oil futures crash 6% to hit lower circuit after US-Iran ceasefire

Crude oil prices retreated sharply on Wednesday crashing by 6 per cent to hit their lower circuit level in futures trade, tracking weak global benchmarks after the US and Iran announced a two-week ceasefire. On the Multi Commodity Exchange (MCX), crude oil futures for the April delivery slumped by Rs 640, or 6 per cent, to Rs 10,029 per barrel -- its lower circuit limit. Similarly, the May contract declined by Rs 565, or 6 per cent, to Rs 8,860 per barrel, also hitting its lower circuit limit amid aggressive selling as easing tensions reduced fears of supply disruptions. Globally, oil prices retreated after the ceasefire announcement between the US and Iran, which is expected to restore supply flows through the Strait of Hormuz - a key transit route for nearly one-fifth of global oil shipments. West Texas Intermediate (WTI) crude futures for May delivery tumbled by USD 17.11, or 15.15 per cent, to USD 95.84 per barrel, while Brent oil for June contract plunged by USD 14.52, or 13.2

How Trump went from threatening Iran's annihilation to two-week ceasefire

President Donald Trump over the course of a day went from threatening Iran with "annihilation" to proclaiming that the battered Islamic Republic's leadership had presented a "workable" plan that led him to agree to a 14-day ceasefire that he expects to pave the way to end the nearly six-week-old war. The dramatic shift in tenor came as intermediaries, led by Pakistan, worked feverishly to head off a further escalation of the conflict. Even China - Iran's biggest trading partner and the United States' most significant economic competitor - quietly pulled strings to find a pathway toward a ceasefire, according to two officials briefed on the matter who were not authorized to comment publicly and spoke on the condition of anonymity. "The reason for doing so is that we have already met and exceeded all Military objectives, and are very far along with a definitive Agreement concerning Longterm PEACE with Iran, and PEACE in the Middle East," Trump declared in a social media post announcing

FBI warned of Iran-linked threat to US even as White House downplayed risk

President Donald Trump publicly has minimized the possibility of Iranian attacks on American soil in response to other intelligence assessments in recent months

Suspending operations for two weeks, says Iraq's Islamic Resistance

Iran-backed Islamic Resistance in Iraq has suspended its operations in Iraq and across the region for two weeks

Bond yields slump, rupee strengthens ahead of RBI's monetary policy outcome

Cooling crude prices after a US-Iran ceasefire lifted sentiment, pulling down yields and supporting the rupee ahead of the Reserve Bank of India's policy decision

Trump finds his offramp with Iran, but causes of war remain unresolved

President Trump's short-term intimidation may have worked, but the fundamental divides with Iran are as sharp as they were in February

Israel backs ceasefire but deal excludes fighting in Lebanon: Netanyahu

Prime Minister Benjamin Netanyahu said Israel backed the US ceasefire with Iran but that the deal doesn't cover fighting against Hezbollah in Lebanon. Netanyahu's office said in the statement Wednesday that Israel supported US President Donald Trump's decision to suspend strikes against Iran for two weeks subject to Iran immediately opening the Strait of Hormuz and stopping all attacks on the US Israel and countries in the region. His office said Israel also supports US efforts to ensure Iran no longer poses a nuclear or missile threat.

Gold rises to near three-week high after Trump pauses attacks on Iran

Bullion rose more than 3 per cent to its highest level since March 19

Missile alerts sound in West Asian countries despite Iran-US ceasefire

Israel and the United Arab Emirates both sounded missile alerts early Wednesday, despite Iran and the United States saying they had reached a two-week ceasefire in the war. It wasn't immediately clear what was being targeted in the two countries, which bore the brunt of the missile and drone fire during the war. Missile alerts also continued in Saudi Arabia, Bahrain and Kuwait early Wednesday, hinting at the chaos surrounding the diplomatic moves. Throughout the war, Iran's paramilitary Revolutionary Guard has called the shots in all decisions. Individual commanders have made decisions on what to strike and when, with the nation's political leadership sidelined. Whether they agreed to stop shooting with the declared ceasefire and negotiations being planned in Islamabad remained in question. However, many Mideast wars see combatants launch last-minute attacks to be able to claim victory with their populations.