Oil prices edged higher, with Brent crude above $85 a barrel, as escalating US-Iran attacks raised concerns over disruptions to supplies through the Strait of Hormuz
Oil prices edged higher, with Brent crude above $85 a barrel, as escalating US-Iran attacks raised concerns over disruptions to supplies through the Strait of Hormuz
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.41 per cent and 0.1 per cent down, respectively
Iran's joint military command stepped up its threats on Thursday as intensifying US airstrikes target the country, saying it would destroy "all the infrastructure in the region". The threat from the Khatam al-Anbiya Central Headquarters referenced US President Donald Trump's repeated warning that he could launch attacks against power plants and bridges in Iran. Col Ebrahim Zolfaghari, a spokesperson for the Iranian military's Khatam Al-Anbiya Central Headquarters, issued the warning. "All the infrastructure in the region will be crushed under the steel blows of the powerful armed forces of the Islamic Republic of Iran" should Trump's threat be carried out, Zolfaghari said. "Under no circumstances and in no way will we allow America, as a foreign and extra-regional country, to interfere in the Strait of Hormuz," he added. "This is Iran's invincible red line.
Iran's joint military command stepped up its threats on Thursday as intensifying US airstrikes target the country, saying it would destroy "all the infrastructure in the region". The threat from the Khatam al-Anbiya Central Headquarters referenced US President Donald Trump's repeated warning that he could launch attacks against power plants and bridges in Iran. Col Ebrahim Zolfaghari, a spokesperson for the Iranian military's Khatam Al-Anbiya Central Headquarters, issued the warning. "All the infrastructure in the region will be crushed under the steel blows of the powerful armed forces of the Islamic Republic of Iran" should Trump's threat be carried out, Zolfaghari said. "Under no circumstances and in no way will we allow America, as a foreign and extra-regional country, to interfere in the Strait of Hormuz," he added. "This is Iran's invincible red line.
Asian shares were mostly lower Thursday and oil prices slipped despite a flurry of strikes between the US and Iran. US futures edged higher. Selling of AI-related shares weighed on benchmarks in South Korea and Japan. An interest rate hike by the Bank of Korea also contributed to a 6.6% tumble for the Kospi, to 6,816.70. It was the first rate hike by the BOK since 2023 and was aimed at helping curb inflationary pressures due to the Iran war. Memory chipmaker SK Hynix dropped 11.2%, while Samsung Electronics fell 8.2%. Taiwan's Taiex lost 0.3% ahead of the release of an earnings report by Taiwan computer chipmaker TSMC, which is often seen as a barometer for the global industry and for the boom in artificial intelligence. US futures edged higher. Tokyo's Nikkei 225 fell 2.9% to 66,767.64. Shares of Japanese memory chipmaker Kioxia plummeted 13.5%. Chipmaking equipment company Tokyo Electron dropped 5.2%, while chip testing equipment maker Advantest gave up 5.6%. SoftBank Group s
As tensions with Iran expose the risks of the Strait of Hormuz, Gulf nations are investing in new pipelines and ports to secure oil exports and reduce dependence on the key waterway
More than half the House Democrats have voted to strip USD 3.3 billion in US aid from Israel, the most substantial signal yet that once rock-solid bipartisan support for the country is disintegrating in the aftermath of its war in Gaza that has killed thousands of Palestinians. Wednesday's vote tally, 104-314, was not enough to attach the amendment to a broader national security spending bill, but stands as a stark accounting of the shifting attitudes that are dividing the Democratic Party and the nation over Israeli Prime Minister Benjamin Netanyahu's war strategy, now approaching its third year. The House's Democratic leadership split over the issue in what was largely seen as a test vote ahead of the US midterm elections that will determine control of Congress. More than 100 Democrats voted for the amendment to strip the foreign military aid money, and almost as many voted against. Most Republicans voted to preserve the Israel aid. House Democratic Leader Hakeem Jeffries, who ...
Foreign Ministry spokesperson Esmaeil Baghaei says Tehran will not resume negotiations while the US continues military operations and alleged violations of the June 17 memorandum
Foreign Ministry spokesperson Esmaeil Baghaei says Tehran will not resume negotiations while the US continues military operations and alleged violations of the June 17 memorandum
Brent crude rises to $85.28 a barrel and WTI to $80.02 as renewed US-Iran tensions raise concerns over supply disruptions in the Strait of Hormuz
Iranian attacks targeted Bahrain and Kuwait early Thursday after the US reimposed a naval blockade on Iran and intensified its airstrike campaign in retaliation for Tehran's attacks on ships trying to pass through the Strait of Hormuz. The American strikes hit an Iranian army barracks, killed at least seven troops and wounded hundreds of people across the country, Iranian officials said. There was no immediate word on damage or casualties from the Iranian strikes. Days of back-and-forth strikes by the US and Iran across the Middle East - and renewed threats to the waterway crucial to global energy supplies - have shredded the interim deal to end the conflict and the region could tip back into all-out war. The US first imposed a blockade in April and lifted it last month after signing the interim deal that paused the fighting and set a 60-day period for negotiations over issues such as Iran's nuclear programme. Those talks have stalled as fighting over the Strait of Hormuz has ...
Iranian attacks targeted Bahrain and Kuwait early Thursday after the US reimposed a naval blockade on Iran and intensified its airstrike campaign in retaliation for Tehran's attacks on ships trying to pass through the Strait of Hormuz. The American strikes hit an Iranian army barracks, killed at least seven troops and wounded hundreds of people across the country, Iranian officials said. There was no immediate word on damage or casualties from the Iranian strikes. Days of back-and-forth strikes by the US and Iran across the Middle East - and renewed threats to the waterway crucial to global energy supplies - have shredded the interim deal to end the conflict and the region could tip back into all-out war. The US first imposed a blockade in April and lifted it last month after signing the interim deal that paused the fighting and set a 60-day period for negotiations over issues such as Iran's nuclear programme. Those talks have stalled as fighting over the Strait of Hormuz has ...
The US launched fresh strikes on Iranian military sites as Tehran threatened wider energy disruptions, escalating tensions over the Strait of Hormuz
The US launched fresh strikes on Iranian military sites as Tehran threatened wider energy disruptions, escalating tensions over the Strait of Hormuz
Since the bombings began, the regime has made concerted attempts to rally the nation
Most companies listed since March are trading above their issue price, with the rally in small- and mid-cap stocks helping cushion them from broader market volatility
Stock Markets LIVE | Wednesday, July 15: The BSE Sensex rose 130.49 points, or 0.17 per cent, to end at 77,185.43, while the NSE Nifty 50 closed 26.45 points, or 0.11 per cent, higher at 24,074.85.
Gold's near-term direction depends on whether June CPI marks the start of a durable disinflation trend or a temporary pullback driven by energy base effects.
US airstrikes targeting Iran have killed more than 30 people in "recent days," an Iranian government spokesperson said Wednesday. The comment from Fatemeh Mohajerani came as a Health Ministry spokesperson said more than 260 people had been wounded in overnight strikes in Iran. It wasn't immediately clear what time period Mohajerani was referring to. Iran during the war with the United States and Israel has only sporadically offered full casualty statistics.