Page 65 - Israel Iran Conflict

IRGC offers conditional free passage via Hormuz, vows to decide war's end

Iran's revolutionary guards say Arab and European countries that expel Israeli and US ambassadors will be granted full freedom to pass through the Strait of Hormuz, according to Iranian state media

Iranian attacks marks escalation; may impact bilateral ties: Saudi Arabia

Riyadh says Iranian strikes violate international law as UAE reports intercepting missiles and drones amid escalating regional tensions

Oil falls over 6% as Trump predicts de-escalation in West Asia conflict

Shortly after settlement, prices turned negative following news of a phone call between US President Donald Trump and Russian President Vladimir Putin

83 children killed amid escalating hostilities in Lebanon, says UNICEF

UN agency says dozens of children killed and hundreds injured as hostilities escalate and mass displacement spreads across Lebanon

Trump and Putin discuss Iran, Ukraine conflicts during telephone call

The conversation between the two focused on the Iran conflict and trilateral talks between Washington, Moscow and Kyiv aimed at settling the Ukraine conflict

War is 'very complete', says Trump, considers taking over Strait of Hormuz

US President claims major military success against Iran and says he is considering taking control of the strategic Strait of Hormuz to secure regional shipping routes and prevent any further threats

Buffalo meat exporters recall West Asia consignments amid spoilage fears

Saudi Arabia, Bahrain, Dubai and the UAE are the major destinations for Indian buffalo meat exports

Rising external uncertainties: Iran war can complicate economic management

Economists expect a CAD of about 1 per cent of the country's gross domestic product (GDP) this financial year. This could increase to about 1.5 per cent in 2026-27

Trade in turmoil: Conflict and tariffs dim the shine of Surat diamonds

With the war in West Asia upending global trade, the first part of a series examines how the global diamond hub is grappling with the raging crisis and also tariff uncertainty

Iran sought nod to dock 3 warships at Indian ports: EAM Jaishankar

Jaishankar told Parliament that Iran requested permission to dock three warships at Indian ports, as he outlined India's energy, trade and citizen-security priorities amid the West Asia conflict

West Asia crisis: Nasscom warns tech firms of cybersecurity threats

Nasscom has urged tech firms to strengthen cybersecurity frameworks as West Asia conflict heightens risks, advising measures ranging from credential resets to DDoS readiness and supply-chain audits

Trump reviews steps to tame oil prices after Iran war roils markets: Report

The turmoil in energy markets comes at a sensitive moment for the president, who has sought to keep fuel prices low as a cornerstone of his economic message to voters

Impact of rising crude prices on inflation won't be substantial: FM

Finance Minister Nirmala Sitharaman, in a written statement, said that the medium-term impact of global crude oil price rise on inflation would depend upon several factors

UBS downgrades HPCL, BPCL, IOC stocks as crude prices breach $100/barrel

UBS' Global Oil team has also raised their near-term oil price forecasts, Q1-26E to $71/bbl (around $80/bbl for March), and the average for 2026 to $72/bbl

More small ships to West Asia from Apr 15 as freight rates jump 300%: FIEO

With exporters facing a surge in sea freight of up to 300 per cent due to the West Asia crisis, it has been decided to increase the number of small vessels operating between India and Gulf countries from April 15 to help clear consignments, FIEO director general Ajay Sahai said on Monday. In a meeting with the DG (Shipping), exporters flagged issues they are facing due to the crisis, triggered by the US and Israel joint attack on Iran, Sahai said. About 400 exporters participated in the meeting, as the crisis is impacting the movement of containers. "It has been decided to increase the number of Non-Vessel Operating Common Carriers (NVOCCs) from April 15 between India and the Middle East countries," the director general of the Federation of Indian Export Organisations (FIEO) said. He said that the war has led to a significant jump in freight due to an additional contingency surcharge being imposed by foreign shippers. "The surcharge ranges between USD 1,500 and USD 4,000. There is

Central banks across Europe face rising rate hike bets amid Iran war

The unusually sharp repricing came as major oil producers cut supply and fears grew of prolonged shipping disruptions, pushing crude above $119 a barrel its highest level since mid-2022

IndiGo Delhi-Manchester flight turns back after 7 hours amid Iran war

An IndiGo flight from Delhi to Manchester turned back after flying for nearly seven hours due to sudden airspace restrictions linked to the West Asia conflict, forcing it to return to Delhi

Trump says ending Iran conflict will be 'mutual' decision with Netanyahu

US President Donald Trump said the decision to end the Iran conflict will be 'mutual' with Israeli PM Benjamin Netanyahu, claiming the strikes thwarted Iran's plans to destroy Israel

How West Asia conflict threatens LNG supply chain powering India's economy

West Asia conflict and disruption near the Strait of Hormuz threaten LNG shipments vital to India's fertiliser, power and manufacturing sectors, raising risks of supply shocks and higher energy costs