Page 70 - Israel Iran Conflict

Bahrain's state oil firm declares 'force majeure' after Iran attack

Bahrain's state oil company declared force majeure on Monday for its shipments after an Iranian attack set its refinery ablaze. The state-run Bahrain News Agency carried the announcement of the force majeure, a legal manoeuvre that releases a company from its contractual obligations because of extraordinary circumstances. It said the company's operations "have been affected by the ongoing regional conflict in the Middle East and the recent attack on its refinery complex." It insisted that local demand could still be met.

China's billions of dollars are at risk from a widening war in West Asia

The region became a hub for China's investments and a growing market for its steel, EVs and solar panels, now all at risk

China inflation hits 3 year high after holiday boost as oil shock looms

Core CPI, which excludes volatile items such as food and energy, hit 1.8 per cent - the highest since 2019

Sensex stocks: HDFC Bank, TCS, Asian Paints, IndiGo, Trent hit 52-week lows

Ambuja Cements, DLF, Dixon, Gail, Indian Hotels, Shree Cement, REC, Tata Motors PV, Wipro, Suzlon, Coforge, and Info Edge, among the BSE 100 index, also hit their respective 52-week lows amid Iran war

West Asia crisis: How brokerages and experts are assessing risks for Indian markets

The escalating Israel–Iran–US conflict has injected fresh volatility into global markets and pushed oil prices higher. But how vulnerable are Indian equities? Here’s what top brokerages

Saudi, UAE pipelines may cushion oil shock, decide outcome of Iran war

The strait is a choke point for about 20 million barrels a day of crude and refined products - equal to a fifth of global consumption

Asia's ultra-rich having second thoughts on Dubai as Iran war rages

Dubai's ascent as a burgeoning finance and wealth hub faces a test as the US-Israeli war with Iran hits close to home

FMCG stocks fall as rising commodity prices threaten margins: Nomura

Nifty FMCG index dropped 2.4 per cent today as commodity prices rise amid Iran war. Nomura warned that higher input costs could hurt margins of HUL, GCPL and Colgate Palmolive in Q1FY27

Urged India to buy Russian oil at sea to ease supply fears: US energy secy

The US has urged India to buy Russian oil already floating at sea and redirect it to Indian refineries to "tamp down" fears of supply shortages and price spikes amid the ongoing West Asia conflict, Energy Secretary Chris Wright has said. However, the move, he said, is a short-term, pragmatic effort to stabilise the market and did not signal any change in Washington's policy towards Russia. In an interview with CNN on Sunday, Wright said he, along with Treasury Secretary Scott Bessent, had spoken to Indian authorities about buying Russian crude cargoes currently waiting to be unloaded at Chinese refineries. "India has been a great partner through this. I did call up the Indians, as did Treasury Secretary (Scott) Bessent, and said there's a whole bunch of oil floating waiting to unload at Chinese refineries. "Instead of having it wait six weeks to unload there, let's just pull that oil forward, have it land in Indian refineries and tamp this fear of shortage of oil, tamp the price ..

Qatar LNG pause may flip global supply surplus into deficit: Morgan Stanley

Analysts at Morgan Stanley said that if the LNG outage in Qatar extends beyond a month, the global LNG market forecast could quickly swing from surplus to deficit

4 children critically injured in Iranian drone attack on Bahrain's Sitra

Bahrain says Iranian drone strike hit Sitra area, leaving several casualties and damaging a desalination plant as regional tensions escalate

All about Mojtaba Khamenei, Iran's new Supreme leader after Ali Khamenei

Iran's Assembly of Experts has named Mojtaba Khamenei as the new Supreme Leader after the death of Ali Khamenei. Here's what to know about the cleric and his rise in Iran's power structure

'We shall not falter': Iran FM backs new supreme leader Mojtaba Khamenei

Foreign Minister went on to issue a formal commitment on behalf of the diplomatic and security apparatus to the new Leader of the Revolution

BEL, GRSE: Defence stocks fall after 17% rally amid Iran war; time to buy?

The recent up move in Nifty Defence reflects renewed buying after a long phase of consolidation, says Om Mehra, technical analyst at SAMCO Securities. The analyst is bullish on BEL, BDL and GRSE.

US capabilities 'overwhelming' compared to Iran's: US War Secy Pete Hegseth

The ongoing conflict involving the United States, Israel and Iran entered its second week

RBI likely selling dollars as rupee weakens amid Iran war, say traders

An over 20 per cent ​jump in ‌oil prices triggered a broad-based ‌selloff in Asian stocks and currencies on ‌Monday as ​investors fretted over ​the deepening conflict in the Middle East

Iran's new leader, Ayatollah Khamenei's son, is a mysterious figure

The succession of the slain leader's son is seen as a signal of the Islamic republic's defiance of Israel and the United States, and of continuity during crisis

No Indian fatality in Saudi Arabia projectile incident: Embassy in Riyadh

There was no Indian fatality in the projectile incident that struck a residential compound in Saudi Arabia, the Indian Embassy in Riyadh said on Monday. It added that an Indian national injured in the incident on Sunday is undergoing treatment at a government hospital. "It is a matter of relief that there has been no Indian fatality in the unfortunate incident at Al Kharj yesterday evening," the mission said in a social media post. The embassy said it has been in touch with the concerned Saudi authorities regarding the matter. Counsellor (Community Welfare) Y Sabir visited Al-Kharj on Sunday night and met the injured Indian national involved in the incident, it said. "He is currently receiving treatment at a government hospital in Al Kharj," the mission said. On Sunday, the Saudi Civil Defence said that an Indian national was among two killed as the military projectile struck a residential compound belonging to a maintenance and cleaning company in Al-Kharj. A Bangladeshi nation

'We'll see', says Trump on Iran's new supreme leader Mojtaba Khamenei

According to The Times of Israel, Defence Minister Israel Katz warned that any individual chosen to lead the Iranian administration would be considered "an unequivocal target for elimination"

Mojtaba Khamenei: Iran's new supreme leader faces US, Israel, anger at home

Mojtaba Khamenei embodies everything that the many thousands of people who have protested against the Islamic Republic in recent years oppose