Page 6 - Israel Iran Conflict

Iran shock shows India's external vulnerability, tests growth ambitions

The truly unsettling element in the scenario has been the fall in the exchange rate of the rupee. The fall predates the Iran conflict

'West Asia conflict duration, oil price trajectory hold key for markets'

Equity, by its nature, Rashesh Shah, CMD, Edelweiss Financial Services believes, is not a one- or two-year asset class, it represents ownership in businesses that compound over a decade.

Trump's hunt for Iran's uranium hindered by monitoring disruption

That leaves the global nuclear watchdog - and by extension the US - without a clear line of sight into one of the world's most dangerous stockpiles

Oil rebounds above $100 as Hormuz remains blocked, supply fears linger

Iranian Parliament Speaker Mohammad-Bagher Ghalibaf said in a statement on X that three clauses of the ceasefire proposal have been violated

Israel seeks to begin peace talks with Lebanon soon, says Netanyahu

Netanyahu said he had directed the cabinet to begin direct peace talks with Lebanon, focusing on the disarming of Hezbollah and efforts to establish peaceful relations between the two countries

Govt ramps up feedstock supplies to pharma sector amid West Asia crisis

The government has stepped up supplies of critical petrochemical feedstock to the pharmaceutical industry to ensure uninterrupted production of essential medicines, as global supply chains remain strained due to the crisis in West Asia. Prior to the West Asia conflict, the pharmaceutical industry imported a bulk of its petrochemical feedstock, mostly in Kandla, Gujarat, from where the logistics chain took them to factories. The war, however, has disrupted those imports, which are now being substituted by Indian refiners, tweaking production lines to make available specialised feedstock to the pharma sector. Key inputs such as propylene, ammonia and methanol are being allocated on a pro-rata basis to meet industry requirements, said Satyaprakash TL, Joint Secretary in the Department of Pharmaceutical, at a news briefing. Propylene, the most critical feedstock, is being supplied from domestic refiners, including Bharat Petroleum Corp Ltd, and used to produce intermediates, such as ...

China denies reports of support to Iran's military during war with US

China's Defence Ministry on Thursday denied reports that Chinese firms provided satellite imagery and semiconductor chip manufacturing equipment to the Iranian military in the midst of the US-Israeli war against Iran. China firmly opposes the dissemination of speculative and insinuating disinformation targeting China by relevant parties, Defence Ministry spokesperson Zhang Xiaogang said. He was responding to questions on reports stating that Semiconductor Manufacturing International Corporation (SMIC) had provided chip manufacturing equipment to the Iranian military, and a Chinese commercial satellite company had released images of US military bases in the Middle East. Zhang said China firmly rejected remarks by US officials who claimed they were aware of actions taken by China and Russia to help Iran and would respond if necessary. "China's position on the Iran issue is above-board and straightforward. We have always upheld an objective and impartial stance," Zhang said, noting th

Iran warns of 'strong response' if Israel continues strikes on Hezbollah

Iran's parliament speaker warned Thursday that continued Israeli attacks on Hezbollah in Lebanon would bring "explicit costs and STRONG responses." Mohammad Bagher Qalibaf issued the warning in a message on X. He insisted, like other Iranian officials, the two-week ceasefire extended to Lebanon, something denied by both Israel and the U.S. "Ceasefire violations carry explicit and STRONG responses," he wrote. "Extinguish the fire immediately." Qalibaf has been discussed as a possible negotiator who could meet U.S. Vice President JD Vance this weekend in Islamabad, the capital of Pakistan.

Israeli military says it has killed nephew of Hezbollah chief Naim Qassem

Israel struck Beirut's southern suburbs just before midnight and at dawn, and hit towns across the south on Thursday morning, Lebanese state media said

Why West Asia peace is hanging by a thread despite US-Iran ceasefire

Ahead of US-Iran talks in Islamabad, the ceasefire faces pressure from Israeli strikes in Lebanon, disputes over Iran's nuclear programme and tensions over shipping through the Strait of Hormuz

How Trump admin steered Pakistan to mediate a ceasefire with Iran

Report says Washington pushed Pakistan to broker Iran ceasefire to stabilise oil markets and ease Strait of Hormuz tensions

'Pro-Iran groups used AI to troll Trump, tried to control war narrative'

Pro-Iran groups have used artificial intelligence to create slick internet memes in English to try to shape the narrative during the war against the U.S. and Israel and foster opposition to it. Analysts say the memes appear to be coming from groups linked to the government in Tehran and are part of a strategy of leveraging its limited resources to inflict damage on the U.S., even indirectly. That includes how Iran has used attacks and threats to control the flow of traffic through the Strait of Hormuz and maintain a stranglehold on the world's economy. A ceasefire raised hopes Wednesday of halting hostilities, but many issues remained unresolved. "This is a propaganda war for them," Neil Lavie-Driver, an AI researcher at the University of Cambridge, said, referring to Iran. "Their goal is to sow enough discontent with the conflict as to eventually force the West to cave in, so it is massively important to them." It's not the first time memes have been used in a conflict, and they ha

Iran publishes chart showing it may have put sea mines in Strait of Hormuz

Semiofficial news agencies in Iran published a chart Thursday suggesting the country's paramilitary Revolutionary Guard put sea mines into the Strait of Hormuz during the war, in a message that may be intended to pressure the US as uncertainty hangs over a days-old two-week ceasefire and further negotiations are expected in Pakistan. The charts were released by the ISNA news agency, as well as Tasnim, which is believed to be close to the Guard. They showed a large circle marked "danger zone" in Farsi over the Traffic Separation Scheme, which was the route ships take through the strait, the narrow mouth of the Persian Gulf through which 20% of all oil and natural gas traded once passed. The chart suggested ships travel further north through waters closer to Iran's mainland near Larak Island, a route that some ships were observed taking during the war. The charts were dated from Feb. 28 until Thursday, April 9, and it was unclear if the Guard had cleared any mining on the route since

Piyush Goyal talks to Kuwaiti counterpart after US-Iran ceasefire

India and Kuwait traditionally enjoy friendly relations, which are rooted in history and have stood the test of time

European nationalists, once MAGA allies, turn against Trump over Iran war

When President Donald Trump returned to the White House last year, he was eager to pick up where he left off by strengthening ties with Europe's right wing. But now many of those same factions are expressing open revulsion at the Iran war, rupturing relationships that were supposed to usher in a new international order. Although Vice President JD Vance campaigned for Hungarian Prime Minister Viktor Orban this week, such a display has become the exception rather than the rule among conservatives and far-right leaders in Europe. Italian prime minister Giorgia Meloni refused to let the United States use an air base in Sicily to launch attacks on Iran. France's National Rally leader Marine Le Pen described his war goals as "erratic." And the head of Germany's Alternative for Germany party called for American troops to leave their bases in the country. Even with a fragile ceasefire in place with Iran, Trump's support for Orban may not work out for the autocratic Hungarian leader, who fac

Over half of Indian households faced LPG supply issues in 5 weeks: Survey

A LocalCircles survey found that 37 per cent of respondents faced delays in delivery, while 25 per cent said they struggled to book a cylinder

'US forces to remain around Iran': Trump warns of action if deal violated

'All US ships, aircraft and military personnel, with ammunition and weaponry, will remain in place in and around Iran until such time as the real agreement reached is fully complied with,' Trump wrote

Asian stocks muted as oil prices climb on shaky US-Iran ceasefire

Chinese blue chips slipped 0.6 per cent, while MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.7 per cent

US asks allies for quick, concrete plans to secure Hormuz after ceasefire

Request was presented during discussions between American and Nato officials at the White House, where US President Trump met with North Atlantic Treaty Organization Secretary General Mark Rutte

Tanker carrying 15,400 tonnes of LPG arrives at Navi Mumbai's JNPA

Jawaharlal Nehru Port Authority on Thursday said it received an India-flagged vessel carrying 15,400 tonnes of liquefied petroleum gas (LPG) that successfully crossed the Strait of Hormuz amid the West Asia conflict. JNPA described the development as notable in the backdrop of the war involving Iran, the United States and Israel. "Today, JNPA proudly welcomed Green Asha-an India-flagged LPG vessel that has successfully crossed the Strait of Hormuz, and has moored at JNPA's liquid berth operated by BPCL-IOCL," it said in a release. This is a significant milestone as it is the first such vessel to reach JNPA since the onset of the war, it said, adding that the vessel brought in 15,400 tonnes of LPG. "The vessel, its cargo, and every member of the crew are all safe and secure. This arrival highlights the ability of maritime operations to function amid complex geopolitical conditions while ensuring the steady supply of essential LPG to the nation," it said. The facility, also known as