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Jake Sullivan said that US also expects its allies and partners to impose sanctions against Iran
Iran had been India's third-largest source of crude oil until 2019 when the US imposed fresh sanctions
Air India on Tuesday said some of its west-bound flights are planned along a safe alternative route on a day when some of its flights used the Iranian airspace. Flight tracking websites on Tuesday showed that at least three Air India flights used the Iranian airspace amid the Middle East crisis. Responding to a PTI query in this regard, an Air India spokesperson said, "as part of our continual operational risk assessment some of our west-bound flights are planned along a safe alternative route which is used by many other airlines". A source in the know said the flight path was a safe corridor in the Iranian airspace. "Air India will continue to monitor flight operations in the Middle East in close consultation with various safety and security organisations and regulatory bodies," the spokesperson said in a statement.
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Yellen said Washington was continuing to use economic tools to pressure Hamas, but said Treasury was emphasizing that its sanctions should not impede life-saving aid
Iran launched the attack in retaliation for an airstrike on its embassy compound in Damascus on April 1 attributed to Israel, but signalled that it did not seek further escalation
Citi projected gold prices to trade at $3,000 per ounce over the next 6-18 months
Several analysts suggested Washington might take some action to cut Iran's oil exports in part to temper any Israeli reaction to the Iranian strikes, which could escalate the conflict
The prospect of Israeli retaliation has alarmed many Iranians already enduring economic pain and tighter social and political controls since protests in 2022-23
After briefing Wang on Iran's position, Amir-Abdollahian told Wang that Iran is aware of the regional tensions, is willing to exercise restraint and has no intention of further escalations
In an unsourced report, the broadcaster said Israel's intention was to embark on action coordinated with the United States, which has said it would not join Israel in any direct attack on Iran
The presence of International Atomic Energy Agency monitors is significant because they inspect some of the facilities that could be targeted by Israel
Inter-ministerial meets, stakeholder talks take off
Brent futures for June delivery fell 91 cents to $89.54 a barrel, a 1% loss, by 1:17 p.m. EDT (1717 GMT). U.S. crude futures for May delivery fell 87 cents to $84.79 per barrel, a 1% loss
Losses limited amid diplomatic efforts to contain the crisis
Iran launched explosive drones and missiles at Israel late on Saturday in retaliation for a suspected Israeli attack on its consulate in Syria on April 1
The global maritime industry is set for tougher and more challenging times after Iran ramped up West Asia tensions by launching an unprecedented drone and missile attack on Israel, causing supply chain disruption and increasing the probability of choking shipping routes, experts here have said. Iran's attack on Israel marks a distinct escalation in hostilities by bringing the two nations into direct conflict. Iran and its proxies launched 330 missiles and drones on Israel late on Saturday night in retaliation to an alleged attack by Israel on a diplomatic mission of the Islamic Republic in Damascus on April 1 in which several people, including two top commanders, were killed. There is a concern about the probability of a Persian Gulf shutdown, though many maintain hope of defusing fierce tension in the region, a delegate at the opening of Singapore Maritime Week on Monday, told PTI. The Persian Gulf is a Mediterranean Sea in West Asia. It is connected to the Gulf of Oman in the eas
Iran's attack on Israel by more than 300 missiles and drones, which were mostly shot down by Israel's US-backed missile defence system, caused chaos in the aviation industry
Iran's Revolutionary Guards had seized the freighter in the Strait of Hormuz days after Tehran vowed to retaliate for a suspected Israeli strike on its consulate in Damascus on April 1
War has never been good for the stock markets. The exception is the oil and gold markets where the prices go up, said Jim Rogers, chairman of Rogers Holdings in this exclusive interview.