Page 77 - Israel Iran Conflict

Farmers' earnings may come under pressure if West Asia exports stay stuck

Centre says India is sitting on 36.5 per cent more fertiliser stocks as on March 6, compared to last year; farmers fully insulated from global shocks

Energy shocks from West Asia will have knock-on effects on India's economy

The Strait of Hormuz is currently closed to shipping, choking off 20 per cent of global oil and gas supply

Rajnath Singh calls for Indian maritime leadership amid West Asia crisis

In this era of changing geopolitics, oceans have once again come to the centre of the world's power balance and it is India's responsibility to provide leadership with confidence and capability, Defence Minister Rajnath Singh said on Friday, referring to the escalating conflict in West Asia. The unfolding developments in West Asia are "highly unusual" and the situation in the region could adversely impact the global economy, he said addressing an event here. "What is happening in West Asia is highly unusual. It is difficult to make any firm comment at this stage on the direction in which conditions in West Asia might proceed going forward," he said. "If we look at the Strait of Hormuz or the entire Persian Gulf region, it is an extremely important area for the world's energy security. When there is disturbance or disruption in this region, it directly impacts the supply of oil and gas," he said. "Not only that, today we are witnessing supply chain disruptions not just in the energy

ADB flags India's oil vulnerability amid rising West Asia tensions

ADB says India's crude oil reserves of about 100 million barrels-enough for 40-45 days-leave the country exposed to potential supply disruptions through the Strait of Hormuz

The world must ensure Iran retains a functioning post-war state machinery

On February 28, the United States and Israel launched a large-scale and unprovoked air and missile attack against Iran, killing Ayatollah Khamenei, Iran's supreme leader

Will formalise ways to give comfort to Indian exporters, says Piyush Goyal

Piyush Goyal says the government is formalising steps to support exporters facing disruptions from the West Asia crisis, with an inter-ministerial group tracking risks and logistics challenges

All Indian ships in West Asia safe, says government amid rising tensions

Government says all 35 Indian-flagged vessels in the Persian Gulf region remain safe as enhanced monitoring continues; port operations stable despite cargo pile-up concerns

Sri Lanka Navy 'safely' transfers 204 Iranian sailors from ship to Colombo

The Sri Lankan Navy on Friday said 204 of the 208 Iranian personnel on board IRINS Bushehr have been "safely" transferred to the port of Colombo, two days after another Iranian frigate was sunk near the island nation. Four sailors are remaining on the ship which had developed trouble in one of the engines, the navy said. The navy said it will take at least two more days for the ship to reach the eastern port of Trincomalee from its current location outside capital Colombo. Navy spokesman Commander Buddika Sampath said the Iranian sailors will be taken to the navy camp at Welisara, a northern suburb in Colombo. "They will be subject to medical examination as a formality of registration," Sampath said. In a televised address on Thursday, Dissanayake said the vessel, IRINS Bushehr, had sought permission to enter Sri Lankan waters, citing an engine failure. "We wanted to remain neutral while dealing with a humanitarian response," he said, adding that Sri Lanka's role was limited to .

Qatar energy minister warns Gulf exports could halt within weeks: Report

"Everybody that has not called for force majeure we expect will do so in the next few days that this continues. All exporters in the Gulf region will have to call force majeure," Kaabi told the FT

No deal with Iran except 'unconditional surrender', declares Trump

Trump said in a social media post, adding that they would work to boost Iran's economy

An 'existential war' for Iran: Dy Minister of Foreign Affairs Khatibzadeh

Iran's Deputy Foreign Minister Saeed Khatibzadeh calls the recent US-Israel strikes an "unnecessary war of choice", accusing Washington of betraying diplomacy

Before IRIS Dena sank, India allowed another Iran warship to dock at Kochi

Approval was granted on March 1 for IRIS Lavan to dock at Kochi after a request from the Iranian government

Iranian ship IRIS Lavan docks at Kochi after India heeds request from Iran

183 crew members of the ship accommodated at naval facilities in Kochi

Equities remain core for long-term wealth creation: Harsha Upadhyaya

In India, equities are often a long-term wealth creation product and flows typically normalise once volatility stabilises, Upadhyaya said.

Sentiment shift: Global funds pull money from Asia at fastest pace in years

Funds have sold net $11 billion of shares in developing Asia, excluding China, this week

Russian Urals crude price tops Brent in India as Iran war tightens supply

The US-Israeli war against Iran, ​which began a week ago, has choked the Strait of Hormuz, the main route for global ‌oil

War shadow dims Brand Dubai's glitter amid rising West Asia tensions

With $250 billion property deals in 2025, property market may continue to show resilience

US Navy will escort ships through Hormuz 'when reasonable': US Energy Secy

Wright also said Americans should see lower gas prices in weeks, not months

India rejects claims navy shared intel on Iranian warship sunk by US

Top government sources on Friday described as "baseless and preposterous" claims that the Indian Navy provided intelligence to the US on an Iranian frigate that was sunk by a US military submarine two days back. There is no question of providing any input to the US on it and the claims are completely baseless, the sources said. The US sank the Iranian warship off the coast of Sri Lanka on Wednesday, triggering shard reaction from Iran. The Iranian frigate, IRIS Dena, was returning home after participating in the Milan multilateral naval exercise hosted by India. At least 87 Iranian sailors were killed in the attack, which marked a major escalation in the conflict between the US and Iran outside of the Persian Gulf.

Azerbaijan to evacuate diplomats from Iran over security concerns

Azerbaijan reacted angrily on Thursday to what it said was an incursion by Iranian drones into its Nakhchivan exclave, with President Aliyev threatening retaliation