Page 44 - Israel Iran Conflict

Iran war: US military refuelling plane crashes in Iraq; rescue ops underway

An American military refuelling plane taking part in the operation against Iran crashed in Iraq and rescue efforts were underway, US Central Command said Thursday. It was not immediately clear if there were any casualties. A US official, who spoke to The Associated Press on condition of anonymity to discuss the developing situation, said the KC-135 aircraft that crashed had at least five crew members aboard. The crash was not due to hostile fire or friendly fire, the military said in a statement, which described the plane as "a loss." US Central Command, which oversees the Middle East, said that two aircraft were involved and that one landed safely and the other went down in western Iraq. A second US official, who similarly spoke on condition of anonymity, said the other plane involved also was a KC-135 tanker. "More information will be made available as the situation develops," Central Command said. "We ask for continued patience to gather additional details and provide clarity f

Crisis in West Asia grave threat to international peace, security: UN chief

Calling for an immediate end to hostilities, the UN chief emphasised that diplomacy remains the only viable path forward

PM Modi speaks to Iranian President on 'serious' West Asia situation

Prime Minister Narendra Modi on Thursday night spoke to Iranian President Masoud Pezeshkian over the phone and discussed the "serious situation" in West Asia. Modi expressed deep concern over the escalation of tensions in the region and the loss of civilian lives as well as damage to civilian infrastructure. The prime minister told the Iranian President that the safety and security of Indian nationals, along with the need for unhindered transit of goods and energy, remain India's top priorities. "Had a conversation with Iranian President, Dr Masoud Pezeshkian, to discuss the serious situation in the region. Expressed deep concern over the escalation of tensions and the loss of civilian lives as well as damage to civilian infrastructure," Modi said in a post on X. The prime minister also reiterated India's commitment to peace and stability and urged dialogue and diplomacy to end the crisis. Notably, Iran has closed the Strait of Hormuz, a key shipping passage through which India's

Datanomics: India's natural gas squeeze amid rising West Asia conflict

India's LNG imports have more than doubled in the last decade from $6 billion in FY17 to nearly $15 billion in FY25

West Asia crisis threatens 2 mbpd of Gulf refining capacity: Rystad Energy

Up to 2 million barrels per day of Gulf refining capacity faces disruption as the Strait of Hormuz remains closed amid US-Iran tensions, threatening global oil supply, says Rystad Energy

Iran strikes keep markets on tenterhooks as West Asia conflict escalates

Sensex and Nifty fall for a second straight session as escalating Iran-linked attacks push crude prices near $100 a barrel and raise fears of prolonged disruption in oil supplies

Extended stay of Indians back from W Asia may trigger tax implications

Under the Income-tax Act, residential status is primarily determined by the number of days an individual spends in India during a financial year

Higher coal prices, demand are near-term positives for Coal India

Rising global coal prices amid the Iran conflict and potential substitution of gas with coal could boost Coal India's e-auction premiums and volumes in the near term

US gains from high oil prices, but Iran nuclear threat top priority: Trump

Trump said the United States earns more revenue when oil prices increase, but said his focus remained on stopping Iran from developing nuclear weapons

All bets are off on Iran war as the old normal looks unlikely to return

President Donald Trump has not got the quick, decisive victory he wanted. The Iranian government has not imploded following the killing of its Supreme Leader and around 40 senior leaders

Tackling West Asia conflict's impact on investments, household budget

Avoid panic selling, keep SIPs going: Past wars caused transitory selloffs

QSR stocks in a soup on LPG shortage: Don't sell in a panic, say analysts

LPG shortage triggered by Strait of Hormuz disruption is forcing QSR kitchens to shut or cut menus. Analysts say earnings may take a hit in Q4FY26 but advise investors not to panic

Strait of Hormuz will stay closed, used as leverage, warns Mojtaba Khamenei

In his first comments as Supreme Leader, Khamenei said the critical Strait of Hormuz would remain closed as a means of leverage and that all US bases in the region should be closed immediately

Why are ships in the Strait of Hormuz identifying themselves as Chinese?

Iran and groups aligned with it have generally avoided targeting ships linked to China, as per analysts, citing Beijing's relatively neutral position in the conflict and its economic ties with Tehran

Odisha steps up measures to assist non-resident Odias stranded in West Asia

State government forms coordination team and works with MEA to assist non-resident Odias stranded in the Middle East amid escalating regional tensions

India in talks with Iran for safe passage of over 20 tankers via Hormuz

Negotiations are still ongoing and are being handled by the ministry of foreign affairs, said the people, who asked not to be named as the conversations are sensitive

LPG shortage drives induction cooktop demand: How the tech works

With LPG supply concerns rising amid the West Asia crisis, households are buying induction cooktops as a backup. But the appliances require specialised cookware to function properly

'Premature to say anything': MEA on Iran allowing ships via Hormuz

The statement came hours after reports emerged that Iran agreed to allow oil tankers flying the Indian flag to pass through the Strait following diplomatic discussions between New Delhi and Tehran

VOC Port sets aside 90,000 sq m space for containers amid West Asia crisis

VOC Port Authority has made an arrangement of additional 90,000 square meter of space for shipping lines to keep their containers in the wake of the ongoing West Asia crisis, its Chairman Susanta Kumar Purohit said on Thursday. The official made the remarks while replying to a question on the sidelines of PHDCCI conference on shipbuilding and ship recycling. "We have given additional land to our customers where they can keep their goods safely beyond the time limit," Purohit said, sharing preparations made to deal with the situation of container diversions. However, the land remains unutilised as of now as operations and business at the port have not been affected, he said. He said all major ports are in constant touch of the Ministry of Shipping, terminal operators and shipping lines. Speaking further, the Chairman said the government is taking efforts to develop India as a hub of shipbuilding and ship recycling. The move will help save resources and increase availability of raw