About 115,000 Australians are in the West Asia, including roughly 24,000 in the UAE, fueling unprecedented consular challenge
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
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
Riyadh says Iranian strikes violate international law as UAE reports intercepting missiles and drones amid escalating regional tensions
Riyadh says Iranian strikes violate international law as UAE reports intercepting missiles and drones amid escalating regional tensions
UN agency says dozens of children killed and hundreds injured as hostilities escalate and mass displacement spreads across Lebanon
The conversation between the two focused on the Iran conflict and trilateral talks between Washington, Moscow and Kyiv aimed at settling the Ukraine conflict
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
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
Oil prices spike past $100 amid Iran war and supply cuts, raising fears of a sharply higher import bill, inflation and current account deficit for India
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
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
Samajwadi Party chief Akhilesh Yadav on Monday sought a discussion in the Lok Sabha on the ongoing conflict in West Asia and urged the government to clarify its foreign policy, alleging that India was acting under pressure from the US. Speaking to reporters outside Parliament, Yadav said the government should spell out how it is dealing with the situation, especially in view of the large number of Indians living and working in Gulf countries. The former Uttar Pradesh chief minister also claimed that several journalists who had accompanied Prime Minister Narendra Modi during his recent trip to Israel were now stranded in the region. "A large number of Indians are stuck in Gulf countries. Journalists who had accompanied the prime minister during his visit to Israel as political journalists have now become war journalists. How will they return?" Yadav said. He also criticised the Centre's foreign policy approach, alleging that the US was "dictating" terms to India. "On one hand, we a
Oil prices eclipsed USD 100 per barrel for the first time in more than three-and-a-half years on Sunday as the Iran war hinders production and shipping in the Middle East. The price for a barrel of Brent crude, the international standard, was at USD 107.97 after trading resumed on the Chicago Mercantile Exchange, up 16.5 per cent from its Friday closing price of USD 92.69. West Texas Intermediate, the light, sweet crude oil produced in the United States, was selling for about USD 106.22 a barrel. That is 16.9 per cent higher than it closed Friday at USD 90.90. Both could rise or fall as market trading continued. The increases followed the US crude price jumping by 36 per cent and Brent crude rising by 28 per cent last week. Oil prices have surged as the war, now in its second week, ensnared countries and places that are critical to the production and movement of oil and gas from the Persian Gulf. Roughly 15 million barrels of crude oil -- about 20 per cent of the world's oil -- ..
Oil prices eclipsed USD 100 per barrel for the first time in more than three-and-a-half years on Sunday as the Iran war hinders production and shipping in the Middle East. The price for a barrel of Brent crude, the international standard, was at USD 107.97 after trading resumed on the Chicago Mercantile Exchange, up 16.5 per cent from its Friday closing price of USD 92.69. West Texas Intermediate, the light, sweet crude oil produced in the United States, was selling for about USD 106.22 a barrel. That is 16.9 per cent higher than it closed Friday at USD 90.90. Both could rise or fall as market trading continued. The increases followed the US crude price jumping by 36 per cent and Brent crude rising by 28 per cent last week. Oil prices have surged as the war, now in its second week, ensnared countries and places that are critical to the production and movement of oil and gas from the Persian Gulf. Roughly 15 million barrels of crude oil -- about 20 per cent of the world's oil -- ..
IMF Managing Director Kristalina Georgieva warns a prolonged West Asia conflict could hit market sentiment, growth and inflation, urging policymakers to prepare for a "new normal" of global shocks
IMF Managing Director Kristalina Georgieva warns a prolonged West Asia conflict could hit market sentiment, growth and inflation, urging policymakers to prepare for a "new normal" of global shocks
The impact of global crude price rise on inflation is not estimated to be substantial at this point as India's inflation is near the lower bound, Finance Minister Nirmala Sitharaman said on Monday. In reply to a written question in the Lok Sabha, Sitharaman said the price of both global crude oil and the Indian basket has been on a declining trajectory for the past one year, till the geo-political clashes commenced in West Asia on February 28, 2026. "Between the end of February and untill March 2, 2026, the Crude Oil FOB Price (Indian Basket) rose from USD 69.01/barrel to USD 80.16/barrel. Given that India's inflation is near the lower bound, the impact on inflation is not estimated to be substantial at this point," Sitharaman said. She was replying to a question on whether the government has reviewed the impact of rising global crude oil prices on inflation in the country. Global crude prices have been rising since February 28 when the US and Israel launched military strikes on Ir
Kunal Kamble, technical analyst at Bonanza helps decode a trading strategy in oil & gas related stocks as Crude Oil prices surge to a multi-year high around $119 per barrel on Monday.
Within days of the US-Israel attacks on Iran, crude oil prices have surged past $100 a barrel for the first time since the early fallout of Russia's invasion of Ukraine