Page 50 - Latest Updates on Iran-Israel conflict: What to expect next

Top investing strategies from UBS if Iran-Israel geopolitical woes flare

Instead of exiting stocks in case Middle-East crisis flares up, analysts at UBS suggest investors look for alternative strategies to improve the resilience of portfolios and be positioned for rebounds

EU foreign ministers to discuss air defence for Ukraine, Iran sanctions

After a video conference of NATO defence ministers with Ukrainian President Volodymyr Zelenskiy on Friday, Stoltenberg said he expected announcements soon

5 things to know before the market opens on Monday; Gift Nifty hints gap-up

Stock market preview April 22: HDFC Bank stock will react to Q4 results, Reliance eyed; global cues and FII flows are among key factors that will determine the market trajectory on Monday.

Khamenei tacitly acknowledges that Tehran hit little in attack on Israel

Iran's supreme leader on Sunday dismissed any discussion of whether Tehran's unprecedented drone-and-missile attack on Israel hit anything there, a tacit acknowledgment that despite launching a major assault, few projectiles actually made it through to their targets. Ayatollah Ali Khamenei's comments before senior military leaders didn't touch on the apparent Israeli retaliatory strike on Friday on the central city of Isfahan, even though air defenses opened fire and Iran grounded commercial flights across much of the country. Analysts believe both Iran and Israel, regional archrivals locked in a shadow war for years, are trying to dial back tensions following a series of escalatory attacks between them as the Israel-Hamas war in the Gaza Strip rages on and inflames the wider region. Khamenei, 85, made the comments in a meeting attended by the top ranks of Iran's regular military, police and paramilitary Revolutionary Guard, a powerful force within its Shiite theocracy. Debates by

Signs of stress: India Inc feels the heat of Iran-Israel conflict

Industry executives nervous about rising freight cost, longer delivery time

Highlights: For 60 yrs, Cong could not find a tribal who could be country's President, says PM Modi

Catch all the latest updates from across the globe here

India will be able navigate even if global tensions increase: Hardeep Puri

Union minister Hardeep Singh Puri discusses India's oil economy management amid escalating West Asia tensions and affirms BJP's strategic electoral stance in Punjab

Oil, LNG prices to shoot up if Iran blocks Strait of Hormuz amid conflict

Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict. In a note, Motilal Oswal Financial Services said while de-escalation efforts will likely control the crisis, oil and LNG prices will spike in case Iran completely or partially blocks the Strait of Hormuz. The Strait of Hormuz is a narrow sea passage between Oman and Iran. It is about 40 km wide at the narrowest point, with 2 km of navigable channels for incoming and outgoing ships. It is the key route through which crude oil is exported by Saudi Arabia (6.3 million barrels per day), the UAE, Kuwait, Qatar, Iraq (3

US Prez Biden avoids further Mideast spiral as Israel, Iran show restraint

President Joe Biden can breathe a bit easier, at least for the moment, now that Israel and Iran appear to have stepped back from the brink of tipping the Middle East into all-out war. Israel's retaliatory strikes on Iran and Syria caused limited damage. The restrained action came after Biden urged Prime Minister Benjamin Netanyahu's government to temper its response to Iran's unprecedented direct attack on Israel last week and avoid an escalation of violence in the region. Iran's barrage of drones and missiles inflicted little damage and followed a suspected Israeli attack on the Iranian consulate in Damascus this month that killed two generals. Iran's public response to the Israeli strikes Friday also was muted, raising hopes that Israel-Iran tensions long carried out in the shadows with cyberattacks, assassinations and sabotage will stay at a simmer. The situation remains a delicate one for Biden as he gears up his reelection effort i n the face of headwinds in the Middle East,

Israeli airstrike in Rafah kills at least 9 Palestinians, including 6 kids

An Israeli airstrike on a house in Gaza's southernmost city killed at least nine people, six of them children, hospital authorities said Saturday, as Israel pursued its nearly seven-month offensive in the besieged Palestinian territory. Israel's war against the Islamic militant group Hamas has led to a dramatic escalation of tensions in an already volatile Middle East. The strike late Friday hit a residential building in the western Tel Sultan neighborhood of the city of Rafah, according to Gaza's civil defense. The bodies of the six children, two women and a man were taken to Rafah's Abu Yousef al-Najjar hospital, the hospital's records showed. At the hospital, relatives cried and hugged the bodies of the children, wrapped in white shrouds, as others comforted them. The fatalities included Abdel-Fattah Sobhi Radwan, his wife Najlaa Ahmed Aweidah and their three children, his brother-in-law Ahmed Barhoum said. Barhoum also lost his wife, Rawan Radwan, and their 5-year-old daughter

Iran minister Amir-Abdollahian denies Israeli involvement in drone incident

Israel-Iran conflict: Amid ongoing tensions with Israel, Iran's foreign minister has dismissed Israel's link to the recent drone attack, citing internal origin and minimal impact

Week of Iran-Israel strikes marks a 'game changer' in the Mideast

Business concerns about the situation spiked to their highest levels this week since the October 7 attacks, according to a survey by Oxford Economics

Thai firm to pay $20 mn to settle with US over Iran sanctions violation

A Bangkok -based plastics firm has agreed to pay USD20 million to settle with the US over 467 egregious violations of Iran sanctions, the US Treasury announced on Friday. SCG Plastics Co. used US banks to process USD291 million in sales of Iranian high-density polyethylene resin from 2017 to 2018, according to the signed settlement agreement between the firm and Treasury's Office of Foreign Assets Control. The resin, used for product bottles and industrial items, was manufactured by an Iranian joint venture owned in part, by SCG Plastics' parent company, SCG Chemicals and the National Petrochemical Company of Iran, which is a government entity. The settlement states that SCG Plastics used shipping and documentation practices that obfuscated the product's Iranian origin and Iranian parties' involvement, which caused banks to unknowingly process transfers in violation of OFAC's sanctions on Iran. As a result of these transactions, significant economic benefits were conferred to Iran'

Oil prices jump slightly as Iran plays down reported Israeli attack

Iran is the third largest oil producer in the Organization of the Petroleum Exporting Countries (Opec)

Iran acknowledges retaliatory drone attack by Israel and says it failed

The Israeli government, which rarely comments on specific military actions linked to Iran, hasn't confirmed the strike

Isfahan attack: Did Israel launch alleged strike from within Iran itself?

Iranian officials and state media have downplayed an attack inside Iran that was allegedly carried out by Israel in response to last weekend's barrage of missiles and drones from Tehran

Stock Market Highlights, April 19: Sensex zooms 599 pts, Nifty nears 22,150; Financials surge

Stock market highlights on Friday, April 19, 2024: Equity markets shrugged off concerns around the Middle East tensions after Iran said it won't consider "immediate" retaliation against Israel

As Israel fires missiles at Iran, Elon Musk shares message of peace

The development comes after Iran's state media reported explosions in the central province of Isfahan

Israel launches missile strike on Iran, explosion heard in Isfahan

Israel's alleged missile strike comes after Iran's assault last Saturday, which involved over 300 drones, cruise missiles, and ballistic missiles

Iran asserts 'inherent right to self-defence' over Israel's aggression

Iran expressed disappointment that the UN Security Council failed to "fulfil its duty in a right, fair, unbiased and undiscriminating manner"