Chinese refiners would be impacted if Iranian barrels are disrupted, given they import an estimated 99% of Iranian exports, equivalent to about 13% of Chinese seaborne crude imports in 2025
Trump called on Iranian military and police to surrender "for full immunity or face certain death"
Dubai and Abu Dhabi have faced hundreds of missiles and drone attacks from Iran since Saturday morning, with Tehran retaliating against US-Israeli airstrikes
Iran-Israel-US tensions may trigger Nifty correction to 24,500, says Emkay. Sectors at risk, safe bets, oil shock impact and investor strategy explained
Stocks to Watch today: Aurobindo Pharma, GAIL India, Lupin, NCC, HG Infra, Brigade Enterprises and Anupam Rasayan are among the stocks to watch today, March 02, 2026
Data on Friday showed that US producer prices rose more than expected in January, suggesting inflation could pick up in coming months
Vowing to deliver a "decisive blow" to Iran, Israeli Prime Minister Benjamin Netanyahu on Sunday said he has given instructions to his forces to continue to escalate their offensive over Tehran. Iran's Supreme Leader Ayatollah Ali Khamenei was killed on Saturday in a coordinated US-Israeli airstrike on Tehran with his death confirmed on Sunday. Calling the strikes "unprovoked and illegal", Iran began firing missiles at Israel and other Gulf Arab states in retaliation for the killing of its supreme leader. Netanyahu made the statement from the roof of the Kirya, Defence Headquarters in Tel Aviv, following a meeting with the Minister of Defence Israel Katz, IDF Chief of Staff Eyal Zamir and Director of the Mossad David Barnea. "I have given instructions for the continuation of the campaign. Yesterday, we eliminated the tyrant Khamenei. Along with him, we eliminated dozens of senior figures of the oppressive regime," the Israeli premier said. "Our forces are now striking at the hear
The US and Israel pounded targets across Iran on Sunday, dropping massive bombs on the country's ballistic missile sites and wiping out warships as part of an intensifying military campaign following the killing of Supreme Leader Ayatollah Ali Khamenei. Blasts rattled windows across the country and sent plumes of smoke high into the sky above the capital city of Tehran. More than 200 people have been killed since the start of the strikes that killed Khamenei and other senior leaders, Iranian leaders have said. Iran vowed revenge, firing missiles at Israel and Gulf Arab states in a counteroffensive that the US military said resulted in the deaths of three service members - the first known American casualties from the conflict. Israel's rescue services said nine people were killed and 28 wounded in a strike that hit a synagogue in the central town of Beit Shemesh, bringing the overall death toll in the country to 11. Eleven people were still missing after the strike, police ...
President Donald Trump has taken the United States into war with Iran despite decades of self-professed aversion to foreign entanglements, particularly in the Middle East, and repeated pledges to focus primarily on the Western Hemisphere with an "America first" agenda. Trump's predicate for joining Israel in attacks on Iran's leadership, military and critical infrastructure this weekend was that Iran posed unacceptable and imminent risks to US and allied interests. Similar arguments were made in the aftermath of Trump's action last month to remove former Venezuelan President Nicolas Maduro from power in a military strike. Yet even his closest advisers have been unable to point to any specific threat to the US from Iran that required urgent action. Trump had said a previous strike on Iran had "obliterated" its nuclear capability and the Defense Intelligence Agency said in a report last year that Iran was probably 10 years away from having a missile that could reach the US With the t
Eight countries that are part of the OPEC+ oil cartel announced Sunday they will boost production of crude as US and Israeli forces launched a major attack on Iran and the country responded with retaliatory strikes against Israel and US military installations around the Gulf, disrupting oil shipments from the region. The Organisation of Petroleum Exporting Countries, in a Sunday meeting planned before the war began, said it would increase production by 206,000 barrels per day in April, which was more than analysts had been expecting. The countries boosting output include Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman. Attacks throughout the region, including on two vessels travelling through the Strait of Hormuz, the narrow mouth of the Persian Gulf, could restrict countries' ability to export oil to the rest of the world. That would will likely result in higher prices for crude oil and gasoline, according to energy experts. Roughly 15 ..
The US and Israel pounded targets across Iran on Sunday, dropping massive bombs on the country's ballistic missile sites and wiping out warships as part of an intensifying military campaign that followed the killing of Supreme Leader Ayatollah Ali Khamenei. More than 200 people have been killed since the start of the strikes that killed Khamenei and other senior leaders, Iranian leaders have said, as blasts across the country rattled windows and sent plumes of smoke high into the sky above the capital city of Tehran. Iran vowed revenge, firing missiles at Israel and Gulf Arab in a counteroffensive that the US military said resulted in the deaths of three service members - the first known American casualties from the conflict. Israel's rescue services said nine people were killed and 28 wounded in a strike that hit a synagogue in the central town of Beit Shemesh, bringing the overall death toll in the country to 11. Eleven people were still missing after the strike, police said. But
Prime Minister Narendra Modi on Sunday night chaired a meeting of the Cabinet Committee on Security, the highest decision-making body on security and strategic matters of the country, and it is learnt to have discussed the evolving situation arising out of the fresh conflict in West Asia. The meeting was convened to take stock of the situation emerging in the wake of the attack on Iran by the US and Israel and the killing of Iran's Supreme Leader, Ayatollah Ali Khamenei. "The prime minister chaired a meeting of the Cabinet Committee on Security (CCS)," a source said, without disclosing details of the meeting. The CCS meeting was held shortly after Modi arrived in the national capital at around 9.30 pm following his two-day tour of Rajasthan, Gujarat, Tamil Nadu and Puducherry. The meeting, which was attended by committee members, including Defence Minister Rajnath Singh, Home Minister Amit Shah, External Affairs Minister S Jaishankar and Finance Minister Nirmala Sitharaman, was ...
Britain, France and Germany said they are ready to work with the US and partners to help stop Iran's retaliatory attacks. British Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz said in a joint statement Sunday that they are "appalled" by Iran's "reckless" strikes on their allies, which are threatening their service members and citizens in the region. "We will take steps to defend our interests and those of our allies in the region, potentially through enabling necessary and proportionate defensive action to destroy Iran's capability to fire missiles and drones at their source. We have agreed to work together with the US and allies in the region on this matter," the statement said. It did not provide further details.
Security was heightened across several parts of the national capital following protests and gatherings held to mourn the death of Iran's Supreme Leader, Ayatollah Ali Khamenei, police said on Sunday. Additional police personnel were deployed in sensitive areas, particularly around diplomatic missions and localities with significant Shia populations as a precautionary measure. Khamenei was killed in a major attack by Israel and the US. State media reported that the 86-year-old was killed in an air strike targeting his compound in downtown Tehran. Visuals showed groups of people outside the Iran Cultural House in Delhi, where a meeting was scheduled to mark Khamenei's death. Some protesters were also seen raising slogans in parts of Jor Bagh, expressing grief over the Iranian leader's death. A senior police officer said adequate security arrangements had been put in place to ensure law and order. "We have deployed additional forces as a precautionary step. The situation is peaceful
During the October 1973 Yom Kippur War, Arab OPEC members, led by Saudi Arabia, implemented an oil embargo against the US and other nations that supported Israel that led to oil rising 300 per cent.
Prime Minsiter Modi said he held a telephonic conversation with Netanyahu and expressed India's concerns over recent developments amd emphasised the safety of civilians as a priority
In recent days, multiple countries across West Asia have reported attacks, interceptions or heightened security alerts
PM Modi thanks UAE president for taking care of Indian community living in Gulf nation
Asked whether his conversation with the Iranians would happen today or tomorrow, Trump responded, "I can't tell you that"
With tensions escalating in West Asia, the government is assessing possible disruptions to shipping routes and logistics as exporters warn of rising costs and wider trade risks