Page 36 - Us Iran Tensions

Bad, very bad and much worse: Pick a forecast for war and economy

Oil shock and Hormuz disruption deepen fears of inflation and slowdown

Rival nations seize choke points to counter Trump's global strategy

From Iran to China, President Trump's global aggression has encouraged other countries to search for new ways to pressure the US economy

Rival nations seize choke points to counter Trump's global strategy

From Iran to China, President Trump's global aggression has encouraged other countries to search for new ways to pressure the US economy

RBI's measures can delay the slide, but may not steady the rupee at 93

RBI faces a tough trade-off between defending Rupee and supporting growth, as oil shocks and global pressures make balancing exchange rate stability and domestic interest rates increasingly untenable

UNSC set to vote on watered-down proposal to open Strait of Hormuz

The UN Security Council is scheduled to vote Friday on a proposal to secure the Strait of Hormuz after it was significantly watered down in the face of opposition from China and Russia about allowing force to reopen the critical waterway that Iran has largely cut off to global shipping. The final draft of Bahrain's resolution, obtained Thursday by The Associated Press, authorises the use of defensive - but not offensive - action to ensure vessels can safely transit the strait. One-fifth of the world's oil typically passes through the waterway where Iran's stranglehold during the war has sent energy prices soaring. Bahrain's initial draft resolution would have allowed countries "to use all necessary means" - UN language that would include possible military action - "in the Strait of Hormuz, the Gulf and the Gulf of Oman" to secure passage and deter attempts to interfere with navigation. Russia, China and France, all veto-wielding countries of the 15-member Security Council, had ...

US allies working on plan B for Strait of Hormuz if Trump walks away

Virtual meeting of around 40 nations showed the coalition of countries deem it necessary to begin preparations for having to reopen the strait without the US

US allies working on plan B for Strait of Hormuz if Trump walks away

Virtual meeting of around 40 nations showed the coalition of countries deem it necessary to begin preparations for having to reopen the strait without the US

8 killed, 95 injured after US-Israeli strikes hit Iran's B1 Bridge

The victims of the strike reportedly include Iranian travellers and residents of the local village who were near the infrastructure at the time of the attack

8 killed, 95 injured after US-Israeli strikes hit Iran's B1 Bridge

The victims of the strike reportedly include Iranian travellers and residents of the local village who were near the infrastructure at the time of the attack

'Civilisation cannot be destroyed by bombing': Iran slams Trump's threat

Iranian Mission to the UN said US President Trump's threat reflects 'ignorance, not strength'

'Civilisation cannot be destroyed by bombing': Iran slams Trump's threat

Iranian Mission to the UN said US President Trump's threat reflects 'ignorance, not strength'

Iran remains resolute against US-Israeli aggression: President Pezeshkian

Detailing the impact of the ongoing hostilities, Pezeshkian briefed his Azerbaijani counterpart on destruction of 'vital and industrial infra,' as well as strikes targeting 'schools' and 'hospitals'

Iran remains resolute against US-Israeli aggression: President Pezeshkian

Detailing the impact of the ongoing hostilities, Pezeshkian briefed his Azerbaijani counterpart on destruction of 'vital and industrial infra,' as well as strikes targeting 'schools' and 'hospitals'

Amazon to slap 3.5% fuel surcharge on third-party sellers in US, Canada

Amazon is slapping a 3.5 per cent fuel and logistics surcharge on third-party sellers using its platform starting later this month amid a spike in fuel prices since the war in Iran started. The temporary charge is effective April 17 for many of the sellers who use Amazon's fulfillment services, the online behemoth confirmed to The Associated Press in an email Thursday. "Elevated costs in fuel and logistics have increased the cost of operating across the industry," Amazon said in the emailed statement. The Seattle-based company said it has absorbed these increases so far but similar to other major carriers, when costs remain elevated, it implements temporary surcharges to partially recover these costs. It noted the charge is "meaningfully" lower than surcharges applied by other major carriers. "We remain committed to our selling partners' success and to maintaining broad selection and low prices for customers," Amazon added. Amazon's fuel and logistics-related surcharge will apply

US crude jumps over 11%, Brent nearly 8% as Trump vows more attacks on Iran

US West Texas Intermediate ​crude futures rose $11.42, or 11.41 per cent, at $111.54 per barrel, settling at their biggest absolute price rise since 2020

US crude jumps over 11%, Brent nearly 8% as Trump vows more attacks on Iran

US West Texas Intermediate ​crude futures rose $11.42, or 11.41 per cent, at $111.54 per barrel, settling at their biggest absolute price rise since 2020

Best of BS Opinion: From war to AI, new pressures build on India's economy

Here are the best of Business Standard's opinion pieces for today

Trump warns Iran to strike a deal 'before it is too late' as war deepens

Earlier Thursday, Iran's semi-official Fars news agency reported that airstrikes had hit numerous targets, including a bridge connecting Tehran to the city of Karaj

Macron says military option to reopen Strait of Hormuz is 'unrealistic'

French President Emmanuel Macron on Thursday said France considers it "unrealistic" to reopen the Strait of Hormuz through a military operation. "There are people who advocate the idea of the reopening of the Strait of Hormuz by force, through a military operation, a position that has at times been expressed by the United States," Macron told reporters during a visit to South Korea. "That has never been the option we have chosen, and we consider it unrealistic." Macron said a military operation "would take an infinite amount of time and would expose anyone passing through the strait to coastal threats from (Iran's) Revolutionary Guard, who has capabilities, ballistic missiles and many other risks." The reopening of the Strait "can only be done in coordination with Iran," through negotiations that would follow a potential ceasefire, Macron said. France is pushing for an international mission involving European and non-European nations to escort oil and gas tankers and reopen the Str

India manufacturing PMI plummets to 4-year low amid West Asia conflict

Industry 'takes a step back' as market uncertainty and cost pressures increase