Protesters were also calling out to Israel for initiating the conflict with Iran, as well as their military operation in Gaza
China-Gulf spot rates climb 55% in a month as tensions mount
A Times of Israel report citing IDF confirmed its latest response, saying it hit primed missile launchers in fresh strikes on western Iran
President Donald Trump's decision to strike three nuclear sites in Iran could deepen a divide among some of the Republican's supporters, including high-profile backers who had said any such move would run counter to the anti-interventionism he promised to deliver. Notably though, immediately following Trump's Saturday announcement of the strike, some of those who had publicly spoken out against U.S. involvement voiced their support. The lead-up to the move against Iranian nuclear sites had exposed fissures within Trump's Make American Great Again base as some of that movement's most vocal leaders, with large followings of their own, expressed deep concern about the prospect of US involvement in the Israel-Iran war. With the president barred from seeking a third term, what remains unknown is how long-lasting the schism could be for Trump and his current priorities, as well as the overall future of his America First movement. Among the surrogates who spoke out against American ...
Missile and drone barrages in an expanding number of conflict zones globally represent a high risk to airline traffic
Israeli strikes on Iran have killed at least 865 people and wounded 3,396 others, a human rights group said Sunday. The Washington-based group Human Rights Activists offered the figures, which covers the entirety of Iran. It said of those dead, it identified 363 civilians and 215 security force personnel being killed. Human Rights Activists, which also provided detailed casualty figures during the 2022 protests over the death of Mahsa Amini, crosschecks local reports in the Islamic Republic against a network of sources it has developed in the country. Iran has not been offering regular death tolls during the conflict and has minimized casualties in the past. On Saturday, Iran's Health Ministry said some 400 Iranians had been killed and another 3,056 wounded in the Israeli strikes. Meanwhile, Israel's Airport Authority announced Sunday it was closing the country's airspace to both inbound and outbound flights in the wake of the US.attacks on Iranian nuclear sites. The agency said i
India has ramped up purchases of Russian oil in June, importing more than the combined volumes from Middle Eastern suppliers such as Saudi Arabia and Iraq, amid market volatility triggered by Israel's dramatic attack on Iran. The US military struck three sites in Iran early Sunday, directly joining Israel which first struck Iranian nuclear sites on June 13. Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed. India's oil imports from Russia were 1.96 million barrels per day (bpd) in May. Imports from the United States also rose to 439,000 bpd in June, a big jump from 280,000 bpd purchased in the previous month. Full-month projections for imports from the Middle East stand at around 2 million bpd, lower than the previous month's buying, according to Kpler. Ind
CRISIL Ratings in its latest report said that the ongoing conflict in the Middle East so far did not have any significant impact on global trade of Indian corporates. However, if the uncertainties aggravate, some sectors might feel the impact, the report said. The uncertainties have impacted global crude markets, with the Brent crude hovering in the range of USD73 to USD76 per barrel over the past one week. During April and May, the Brent crude was hovering around USD 65 per barrel. Any escalation of the tensions could result in further spike in oil prices, the report said, adding that this will benefit upstream oil companies and margins for the downstream refiners will get squeezed, according to the report. It said India's direct trade with Israel and Iran, the two countries engaged in the conflict, is minuscule at less than one per cent of total trade. While India's major export to Iran is basmati rice, trade with Israel is more diversified, the report added. Any escalation of
Why are markets rising today? Sensex and Nifty gained over 1 per cent in trade; Sensex rallied 935 points and Nifty traded above 25,000; here's why
Countries are evacuating their nationals from Israel and Iran by air, land and sea as conflict rages between the bitter rivals. Days of attacks and reprisals by the two enemies have shuttered airspace across the Middle East, severely disrupting commercial flights and leaving people unable to get in or out of the region easily. Some governments are using land borders to get their citizens out by road to countries where airports remain open. Thousands of foreigners have already left since the conflict started last week when Israel launched surprise missile strikes on Iran. Bulgaria Bulgaria has moved all its diplomats from Tehran to the capital of Azerbaijan, Baku, the Balkan country's prime minister said Thursday. We are not closing the embassy, ??but moving it to Baku until the danger passes, said Prime Minister Rosen Zhelyazkov. A group of 89 Bulgarians was evacuated from Israel by plane to Sofia, along with 59 nationals from Slovenia, the US, Belgium, Albania, Kosovo and ...
The moves come as President Donald Trump kept the world guessing whether the United States would join Israel's bombardment of Iran's nuclear and missile sites
Soon, travel to the UAE, Saudi Arabia, Qatar, Oman, Bahrain, and Kuwait with one visa as GCC approves a Schengen-style unified tourist visa awaiting rollout
US President Donald Trump cut short his G7 visit in Canada amid the growing Middle East crisis. Watch the video for details.
Israel's equity markets defy regional conflict, with TA-125 hitting record highs despite ongoing missile strikes with Iran
'We urge that the resolution of the Iranian crisis leads to a broader de-escalation of hostilities in the Middle East, including a ceasefire in Gaza,' the G7 statement said
After Israeli strikes landed near the hotel where he was staying in the Iranian province of Qom, Aimal Hussein desperately wanted to return home. But the 55-year-old Afghan businessman couldn't find a way, with Iranian airspace completely shut down. He fled to Tehran after the strike Sunday, but no taxi would take him to the border as the conflict between Iran and Israel intensified. Flights, markets, everything is closed, and I am living in the basement of a small hotel, Hussein told The Associated Press by cellphone on Monday. "I am trying to get to the border by taxi, but they are hard to find, and no one is taking us. Israel launched a major attack Friday with strikes in the Iranian capital of Tehran and elsewhere, killing senior military officials, nuclear scientists, and destroying critical infrastructure. Among the targets was a nuclear enrichment facility about 18 miles from Qom. Iran has retaliated with hundreds of drones and missiles. The dayslong attacks between the two
Sensex Today | Stock Market close, Monday, June 16, 2025: Oil prices were in the red today with the WTI crude oil down around 0.6 per cent
External Affairs Minister S Jaishankar held a telephonic conversation with his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan on Monday and discussed the current situation in West Asia and the role of diplomacy.Jaishankar stated that he and Abdullah bin Zayed agreed to remain in touch.In a post on X, Jaishankar stated, "Had a telecon with DPM & FM @ABZayed of UAE on the current situation in West Asia and the role of diplomacy. Agreed to remain in touch."According to the statement released by the Office of the UAE's Minister of Foreign Affairs, Abdullah bin Zayed and Jaishankar discussed ways to reduce escalation and prevent the spread of the conflict in the region."Abdulla bin Zayed and @DrSJaishankar discuss during a phone call the latest developments in the region, and ways to reduce escalation and prevent the spread of the conflict in the region," the Office of the UAE's Minister of Foreign Affairs posted on X.Tensions have escalated in West Asia after Israel carried out
Israel's attack on Iran Friday has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households. Oil and gold surged and the dollar rose as markets retreated, signalling a flight to investments perceived as more safe. After years of sky-high inflation in the aftermath of the COVID-19 pandemic, Americans have become increasingly leery about the economy this year due to President Donald Trump's sweeping tariffs, though the impact so far has been muted. The latest escalation in the Middle East has the potential to cause widespread price increases that could set consumers back again. Here's a look at some of the sectors that could face an outsized impact from the escalation in the Middle East, and what that might mean for consumers. Energy Oil prices surged Friday to their biggest gain since the onset of Russia's war on Ukraine began more than three years ago. If or when Israe
US West Texas Intermediate crude was up $5.38, or 7.91 per cent, at $73.42 a barrel after hitting a high of $74.35, the loftiest since February 3