Page 41 - Us-iran Tensions

'Lack of faith, dishonesty by US obstacle to end war': Iran foreign min

According to the Iranian state broadcaster, Foreign Minister Abbas Araghchi made the remarks in talks with Norway's deputy foreign minister during a meeting in Tehran

Trump, Hegseth claim 'control' over Iran, Hormuz amid stalled peace talks

Kuwait accused Iran of launching a failed attack earlier this month on an island where China is helping build a port in the Middle East nation. The accusation brought Tuesday came just before US President Donald Trump departed for Beijing where he'll meet with Chinese President Xi Jinping in a high-stakes visit over the war and other issues. Trump said he would have a "long talk" about Iran with Xi but said trade would be a bigger focus. As he left for the summit, Trump again threatened Iran if its leaders don't reach an agreement on its nuclear program. "We have Iran very much under control," Trump said. "We're either going to make a deal or they're going to be decimated. One way or the other, we win." Iran didn't immediately acknowledge the allegation by Kuwait, which came under attack by Iran in the war and during the shaky ceasefire still holding. But that allegation and ongoing attacks throughout the region have threatened to reignite open warfare. The narrow Strait of Hormuz

Trump, Hegseth claim 'control' over Iran, Hormuz amid stalled peace talks

Kuwait accused Iran of launching a failed attack earlier this month on an island where China is helping build a port in the Middle East nation. The accusation brought Tuesday came just before US President Donald Trump departed for Beijing where he'll meet with Chinese President Xi Jinping in a high-stakes visit over the war and other issues. Trump said he would have a "long talk" about Iran with Xi but said trade would be a bigger focus. As he left for the summit, Trump again threatened Iran if its leaders don't reach an agreement on its nuclear program. "We have Iran very much under control," Trump said. "We're either going to make a deal or they're going to be decimated. One way or the other, we win." Iran didn't immediately acknowledge the allegation by Kuwait, which came under attack by Iran in the war and during the shaky ceasefire still holding. But that allegation and ongoing attacks throughout the region have threatened to reignite open warfare. The narrow Strait of Hormuz

Qatar asks LNG ships to go dark near export hub over security concerns

At least nine LNG tankers that were anchored near Qatar stopped sending signals from May 11, according to ship-tracking data compiled by Bloomberg

Kuwait accuses Iran of sending armed Guard team to attack island in nation

Kuwait on Tuesday accused Iran of sending an armed Revolutionary Guard team to attack an island in the Middle East nation. Iran didn't immediately acknowledge the allegation by Kuwait, which came under repeated attack by Iran in the war. Kuwait said that a team of six armed members of the Guard tried to infiltrate Bubiyan Island in the northwest corner of the Persian Gulf near Iraq and Iran. It accused the team of planning to carry out "hostile acts." Kuwait said that it detained four of the men, while two escaped. Kuwait, which said one of its security officials had been wounded in the attack.

Iran could enrich uranium to weapons-grade if attacked again, says lawmaker

The fate of around 400kg of uranium enriched to 60 per cent , a short technical step from roughly 90 per cent weapons-grade material, remains unclear

US plans to escalate Iran war as ceasefire looks fragile: Hegseth

Hesgeth, speaking at a congressional hearing on the Pentagon's budget request, said the US military had several options in West Asia, but he declined to describe the administration's next step

Sensex extends losses, falls 1560pts intraday; Nifty below 23,350: Reasons

The Sensex touched an intraday low of 74,449.50, down more than 1,566 points, or 2 per cent. Similarly, the Nifty 50 index lost 467 points, or 1.96, to make a low of 23,348.40.

Market Crash: Sensex tanks 1,456 pts, Nifty ends at 23,380; IT, realty, consumer durables bleed

In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 2.54 per cent and 3.17 per cent down, respectively

Israel sent Iron Dome batteries, personnel to UAE for defence: US envoy

Israel sent Iron Dome anti-missile batteries and personnel to operate them to the United Arab Emirates to defend the country during the Iran war, the US ambassador to the country said Tuesday. Mike Huckabee made the comment on stage at an event in Tel Aviv, Israel. "I'd like to say a word of appreciation for United Arab Emirates, the first Abraham accord member," Huckabee said at the Tel Aviv Conference. "Just look at the benefits. Israel just sent them Iron Dome batteries and personnel to help operate them." The United Arab Emirates, a federation of seven sheikhdoms on the Arabian Peninsula, diplomatically recognised Israel in 2020. The UAE did not immediately respond to a request for comment over the acknowledgment by Huckabee, though it underlined the growing defence relationship between the countries long suspicious of Iran.

Shipping disruption continues in Hormuz as US rejects Iran's peace proposal

Iran responded to last week's US peace proposal by demanding a lifting of Washington's naval blockade and sanctions relief, while maintaining a degree of control over traffic through the strait

Shipping disruption continues in Hormuz as US rejects Iran's peace proposal

Iran responded to last week's US peace proposal by demanding a lifting of Washington's naval blockade and sanctions relief, while maintaining a degree of control over traffic through the strait

Oil prices rise as fragile US-Iran ceasefire talks keep supply fears alive

Brent ​crude futures were up 30 cents, or 0.29 per cent, at $104.51 per barrel, while US West Texas ‌Intermediate gained 31 cents, or 0.32 per cent, to $98.38 by 0002 GMT

Oil Minister Puri rules out fuel shortage as LPG production raised sharply

Oil Minister Hardeep Singh Puri On Tuesday assured that there is no fuel supply issue and said the government has ramped up LPG production from 35,000-36,000 tonnes/day to 54,000 tonnes amid West Asia conflict. Speaking at the CII Annual Business Summit, Puri said there is no LPG supply issue and the country has 69 days of crude oil, LNG stock and 45 days of LPG stock. "LPG production has been ramped up from 35,000-36,000 tonnes/day to 54,000 tonnes amid West Asia conflict," he said. The Oil Minister said PM Narendra Modi's austerity appeal should be taken as a wake up call and urged to start thinking of "measures" to lessen fiscal strain from West Asia conflict. "PM Narendra Modi's austerity appeal is a wake up call to start thinking of measures to lessen fiscal strain from West Asia conflict," Puri said at the summit. Modi on Sunday called for judicious use of fuel, postponement of gold purchases and foreign travel, among other measures, to strengthen the economy. Addressing a

Safe-haven surge: Silver ETFs soar 6% amid geopolitical stress, oil spike

MCX Silver opened with a slight gap up and is trading within the ₹280,000-₹282,000 zone, sustaining well above the ascending trendline as bullish momentum builds

Rupee falls to record low of 95.63 against US dollar in early trade

The rupee depreciated 35 paise to a record low of 95.63 against the US dollar in early trade on Tuesday, after US President Donald Trump said that the ceasefire with Iran was on life support with hopes for a deal with the country fading, triggering a surge in crude oil prices. Market sentiments remained dominated by fears that the 10-week-old conflict could further tighten global supply, particularly after Trump rejected Tehran's latest response to a US-backed peace proposal, calling it totally unacceptable. At the interbank foreign exchange market, the rupee opened at 95.57 against the US dollar and then fell further to an all-time low of 95.63 against the greenback, down 35 paise from its previous close. On Monday, the rupee tanked 79 paise to settle at its record low of 95.28 against the US dollar. "Oil prices were largely steady in Asian trade on Tuesday after climbing nearly 3 per cent in the previous session, as US President Trump said that the ceasefire with Iran was on life

Nations brace for long-term economic woes as Trump rejects Iran's proposal

President Trump said the fragile cease-fire was on 'life support,' and India's leader urged residents to cut back on purchases and travel

Nations brace for long-term economic woes as Trump rejects Iran's proposal

President Trump said the fragile cease-fire was on 'life support,' and India's leader urged residents to cut back on purchases and travel

Mid-, small-cap rally likely to turn stock-specific amid valuation concerns

While the small- & mid-cap rally may not sustain the extraordinary pace witnessed in recent months, a sharp reversal also appears unlikely amid strong domestic liquidity, writes Srimal of Axis Direct