While the impact is not broad-based, the repercussions could last for a few months even if the conflict ends, Sai Giridhar, vice-president of Fada said
India on Tuesday described the wounding of three Indians in an attack on the United Arab Emirates' port city of Fujairah as "unacceptable" and pressed for an immediate cessation of hostilities targeting innocent civilians. New Delhi's reaction came a day after the Indians were injured after a drone attack caused a fire at a major oil industry zone in Fujairah. The UAE had accused Iran of carrying out the strike. "The attack on Fujairah that resulted in injury to three Indian nationals is unacceptable," External Affairs Ministry spokesperson Randhir Jaiswal said. "We call for immediate cessation of these hostilities and the targeting of civilian infrastructure and innocent civilians," the spokesperson said. Jaiswal said India continued to stand for dialogue and diplomacy to deal with the situation so that peace and stability could be restored across West Asia. "We also call for free and unimpeded navigation and commerce through the Strait of Hormuz in keeping with international law
India on Tuesday described the wounding of three Indians in an attack on the United Arab Emirates' port city of Fujairah as "unacceptable" and pressed for an immediate cessation of hostilities targeting innocent civilians. New Delhi's reaction came a day after the Indians were injured after a drone attack caused a fire at a major oil industry zone in Fujairah. The UAE had accused Iran of carrying out the strike. "The attack on Fujairah that resulted in injury to three Indian nationals is unacceptable," External Affairs Ministry spokesperson Randhir Jaiswal said. "We call for immediate cessation of these hostilities and the targeting of civilian infrastructure and innocent civilians," the spokesperson said. Jaiswal said India continued to stand for dialogue and diplomacy to deal with the situation so that peace and stability could be restored across West Asia. "We also call for free and unimpeded navigation and commerce through the Strait of Hormuz in keeping with international law
CENTCOM further revealed that over 100 aircraft are currently mobilised for Project Freedom, a mission dedicated to reopening the strait and providing armed escorts for merchant ships
CENTCOM further revealed that over 100 aircraft are currently mobilised for Project Freedom, a mission dedicated to reopening the strait and providing armed escorts for merchant ships
A military official, speaking to the Tasnim news agency, stated that an investigation was launched by Iranian authorities following Washington's reports of the incident
A military official, speaking to the Tasnim news agency, stated that an investigation was launched by Iranian authorities following Washington's reports of the incident
The rupee depreciated 20 paise to 95.43 against US dollar in early trade on Tuesday as market sentiments remained fragile after renewed military exchanges between US and Iranian forces in the Gulf region. Forex traders said investor anxiety due to instability in the Gulf is causing massive capital flight into safe-haven assets, with the US dollar acting as the primary beneficiary. Moreover, Brent oil prices is hovering near USD 113 per barrel, maintaining pressure on oil-importing economies like India. At the interbank foreign exchange market the rupee opened at 95.30 then lost ground to touch 95.43 against the US dollar, in initial trade, registering a fall of 20 paise over its previous close. Rupee fell 39 paise to close at an all-time low of 95.23 against the US dollar on Monday. "With oil boiling rupee on Monday fell to a closing low of 95.0875 and this morning the opening was still lower as it becomes more and more vulnerable when dollar index rises due to safe-haven buying a
Brent oil futures for July fell 68 cents, or 0.6 per cent, to $113.76 per barrel at 0100 GMT, after settling up 5.8 per cent on Monday
Bessent called on Beijing to play a constructive role, particularly ahead of US President Donald Trump's expected meeting with Chinese President Xi Jinping next week
Bessent called on Beijing to play a constructive role, particularly ahead of US President Donald Trump's expected meeting with Chinese President Xi Jinping next week
US President Donald Trump on Monday said Iran will be "blown off the face of the Earth" if they attack US vessels escorting stranded ships through the Strait of Hormuz. Trump's statement to Fox News came as Iran reportedly attacked some ships being guided through the Strait of Hormuz under 'Project Freedom' launched by the US Central Command at the direction of the US President. Trump took to his social media platform Truth Social to claim that Iran had attacked some ships, including a South Korean cargo vessel, that was being guided through the Strait that has effectively remained closed since the was with Iran began on February 28. "Iran has taken some shots at unrelated Nations with respect to the Ship Movement, PROJECT FREEDOM, including a South Korean Cargo Ship. Perhaps it's time for South Korea to come and join the mission," Trump said. The US President said US forces have shot down seven small boats and urged South Korea to join the mission in the Hormuz Strait. "We've sho
US President Donald Trump on Monday said Iran will be "blown off the face of the Earth" if they attack US vessels escorting stranded ships through the Strait of Hormuz. Trump's statement to Fox News came as Iran reportedly attacked some ships being guided through the Strait of Hormuz under 'Project Freedom' launched by the US Central Command at the direction of the US President. Trump took to his social media platform Truth Social to claim that Iran had attacked some ships, including a South Korean cargo vessel, that was being guided through the Strait that has effectively remained closed since the was with Iran began on February 28. "Iran has taken some shots at unrelated Nations with respect to the Ship Movement, PROJECT FREEDOM, including a South Korean Cargo Ship. Perhaps it's time for South Korea to come and join the mission," Trump said. The US President said US forces have shot down seven small boats and urged South Korea to join the mission in the Hormuz Strait. "We've sho
Three Indian nationals were injured on Monday after a fire broke out on the Fujairah Petroleum Industries Zone (FOIZ) in the UAE following a drone strike originating from Iran, according to local media reports. The relevant authorities in the eastern emirate of Fujairah confirmed that a fire has broken out in the FOIZ, resulting from a drone attack coming from Iran, the state-run WAM news agency reported. Fujairah Civil Defence teams immediately responded to the incident and are continuing efforts to bring the fire under control, it added. Three Indian nationals sustained moderate injuries after the fire broke out on the FOIZ, the Khaleej Times reported, quoting authorities in Fujairah. The injured were taken to the hospital for treatment, it added. In a post on X, the UAE's Ministry of Defence said that Iran launched four missiles toward various areas across the country. "Three were successfully engaged over the country's territorial waters, while one fell into the sea," it said.
The US military is rejecting claims that Iran struck a US Navy vessel. The denial on Monday came as the US remains active in the area near the Persian Gulf, offering to guide ships through the Strait of Hormuz and dislodge Iran's blockade on vessels that don't receive its authorisation. Iranian news agencies - including the semiofficial agency Fars and the Iranian Labour News Agency - claimed that Iran had struck a US Navy vessel southeast of the Strait of Hormuz, accusing it of "violating maritime security and navigation norms.
The factories in Firozabad, just 21 miles from the Taj Mahal, have been barred from using coal-fired furnaces since 1996 to protect the monument's white marble facade
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.63 per cent and 0.70 per cent higher, respectively.
The US operation, intended to escort stranded vessels out of the strategic waterway, is reportedly scheduled to commence within the coming hours
Brent crude futures fell 6 cents, or 0.1 per cent, to $108.11 a barrel by 0400 GMT after settling down $2.23 on Friday
Brent crude futures fell 6 cents, or 0.1 per cent, to $108.11 a barrel by 0400 GMT after settling down $2.23 on Friday