Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 2.12 per cent and 2.43 per cent, respectively
A US government watchdog released its first report on the impact of the Iran war on Monday, acknowledging the military's advanced weapons shortfalls and offering the first public look at the damage to American aircraft, bases and diplomatic outposts in the Middle East. Much of the information has been previously reported over the past six months, but the Pentagon inspector general's report offered the fullest official accounting so far of the conflict's costs in American lives, taxpayer dollars and physical damage. It included information from the watchdogs for the Defence and State departments as well as the US Agency for International Development. The report, whose publication was first reported by NBC News, noted that the US war with Iran "has resulted in strategic inventory shortfalls and revealed industrial base bottlenecks for munitions resupply" in regard to advanced weapons. Experts have previously said it will take about three years for military contractors to replenish ...
A US government watchdog released its first report on the impact of the Iran war on Monday, acknowledging the military's advanced weapons shortfalls and offering the first public look at the damage to American aircraft, bases and diplomatic outposts in the Middle East. Much of the information has been previously reported over the past six months, but the Pentagon inspector general's report offered the fullest official accounting so far of the conflict's costs in American lives, taxpayer dollars and physical damage. It included information from the watchdogs for the Defence and State departments as well as the US Agency for International Development. The report, whose publication was first reported by NBC News, noted that the US war with Iran "has resulted in strategic inventory shortfalls and revealed industrial base bottlenecks for munitions resupply" in regard to advanced weapons. Experts have previously said it will take about three years for military contractors to replenish ...
Yemen's Houthi rebels have seized the strategic islands of Greater and Lesser Hanish in the southern Red Sea, bolstering the Iran-backed rebels' ability to control a key maritime shipping route. Meanwhile, repairs to a crucial Saudi Arabian oil pipeline that was struck in an attack last week could last three to five weeks, putting it mostly out of service, two regional officials said. Here's a look at the latest news in the Middle East. Full coverage can be found here. Houthis gain ground as oil prices face more pressure --------------------------------------------------------- Houthi officials said Monday that rebels had taken over the two islands just as Saudi-backed government forces tried to claw back territory from the rebels' swift advances around the Bab el-Mandeb Strait, a crucial shipping alternative to the Strait of Hormuz. Iran effectively closed the Strait of Hormuz -- through which a fifth of the world's traded oil and gas transits in peacetime -- in the opening days
Yemen's Houthi rebels have seized the strategic islands of Greater and Lesser Hanish in the southern Red Sea, bolstering the Iran-backed rebels' ability to control a key maritime shipping route. Meanwhile, repairs to a crucial Saudi Arabian oil pipeline that was struck in an attack last week could last three to five weeks, putting it mostly out of service, two regional officials said. Here's a look at the latest news in the Middle East. Full coverage can be found here. Houthis gain ground as oil prices face more pressure --------------------------------------------------------- Houthi officials said Monday that rebels had taken over the two islands just as Saudi-backed government forces tried to claw back territory from the rebels' swift advances around the Bab el-Mandeb Strait, a crucial shipping alternative to the Strait of Hormuz. Iran effectively closed the Strait of Hormuz -- through which a fifth of the world's traded oil and gas transits in peacetime -- in the opening days
The conflict in Yemen intensified on Sunday, as government forces launched attacks against Iran-backed Houthi rebels along the Red Sea and Houthis fired into neighbouring Saudi Arabia, which supports Yemen's government. The Yemeni government vowed to send more forces to the Red Sea coast and one official conceded a "painful" defeat last week when Houthis captured the port city of Mokha and an island on the Bab el-Mandeb Strait, a crucial shipping alternative to the Strait of Hormuz. The escalation -- especially Houthi attacks on Saudi oil infrastructure and its shipping in the Red Sea -- adds pressure on global oil supplies and prices, and that could give Iran leverage in its war with the United States. As Yemen risks descending into another civil war, the United Nations estimated that more than 80,000 people in the impoverished country have been displaced by the fighting since the start of September. One woman said a mortar shell fell nearby as she fled in the middle of the night
Trump downplayed a WSJ report that Chinese entities supplied Iran with satellite imagery of a US base in Jordan before a July missile strike that killed three US troops
Opponents derailed the agreement with a clandestine effort to attack ships in the Strait of Hormuz, regime insiders say. Iran's president was furious when he found out
Opponents derailed the agreement with a clandestine effort to attack ships in the Strait of Hormuz, regime insiders say. Iran's president was furious when he found out
An Iranian cargo vessel was struck early Sunday off Qeshm Island in the Strait of Hormuz, Iranian state media said, and a plan by Tehran to brief neighbouring countries on its contested efforts to manage shipping in the strait was postponed. The attack, which the reports said killed one and wounded four, drew attention back to the strait after threats to shipping in the region intensified last week when Iran-backed Houthi rebels captured an island on the Bab el-Mandeb Strait in the Red Sea. Iran's state-run IRNA news agency quoted the Qeshm governor as blaming a "terrorist enemy" for Sunday's attack. There was no immediate comment by the US military, which has struck Iranian-flagged vessels during its blockade of Iranian ports and faces a new threat from Iranian ballistic missiles launched at its warships. Qeshm Island, about 22 kilometres from the port city of Bandar Abbas, is key to Iran asserting control over the Strait of Hormuz. Hours before the attack, Iran's government remai
An Iranian cargo vessel was struck early Sunday off Qeshm Island in the Strait of Hormuz, Iranian state media said, and a plan by Tehran to brief neighbouring countries on its contested efforts to manage shipping in the strait was postponed. The attack, which the reports said killed one and wounded four, drew attention back to the strait after threats to shipping in the region intensified last week when Iran-backed Houthi rebels captured an island on the Bab el-Mandeb Strait in the Red Sea. Iran's state-run IRNA news agency quoted the Qeshm governor as blaming a "terrorist enemy" for Sunday's attack. There was no immediate comment by the US military, which has struck Iranian-flagged vessels during its blockade of Iranian ports and faces a new threat from Iranian ballistic missiles launched at its warships. Qeshm Island, about 22 kilometres from the port city of Bandar Abbas, is key to Iran asserting control over the Strait of Hormuz. Hours before the attack, Iran's government remai
US President Donald Trump said Washington could remain engaged in Iran and keep its oil, drawing a parallel with the US deal in Venezuela, while predicting the war would end this year
Iran is set to present Gulf nations with an agreement reached with Oman for a temporary shipping lane through the Strait of Hormuz, though access will remain restricted
Houthi gains in the Red Sea and continued constraints in the Strait of Hormuz are leaving Gulf oil exporters with fewer routes, threatening energy supplies and raising shipping risks
State-run media say an Iranian commercial vessel was struck early Sunday off Qeshm Island near the Strait of Hormuz, with one person killed and three wounded. The United Kingdom Maritime Trade Operations monitor separately reported a vessel was hit by a projectile while transiting the strait, with no details. There was no immediate statement by the US military, which previously has struck Iranian-flagged vessels as it keeps up a blockade of Iranian ports.
State-run media say an Iranian commercial vessel was struck early Sunday off Qeshm Island near the Strait of Hormuz, with one person killed and three wounded. The United Kingdom Maritime Trade Operations monitor separately reported a vessel was hit by a projectile while transiting the strait, with no details. There was no immediate statement by the US military, which previously has struck Iranian-flagged vessels as it keeps up a blockade of Iranian ports.
The ECB raised interest rates this week for the second time since the Iran war sent oil and gas prices soaring
Iraq said attacks on a key Saudi oil pipeline were launched from its territory, as US President Donald Trump appeared to blame Iran. Meanwhile, the number of displaced people in Yemen is rising quickly after a swift advance by Iran-backed Houthi rebels threatens a key alternative to the Strait of Hormuz, the Bab el-Mandeb. And Lebanon and Israel will hold new direct talks next month. Here's a look at the latest news in the Middle East. Iraq dismisses commander over Saudi pipeline attacks ----------------------------------------------------------- Prime Minister Ali al-Zaidi ordered an investigation into the operations command in Maysan province, which borders Iran, and dismissed its commander after authorities determined that the attacks on the Saudi pipeline were launched from the province, the government said. The Saudi Foreign Ministry blamed the attacks on drones that came from Iraq and said the kingdom would not retaliate to give the Iraqi government "an opportunity to take
Iraq said attacks on a key Saudi oil pipeline were launched from its territory, as US President Donald Trump appeared to blame Iran. Meanwhile, the number of displaced people in Yemen is rising quickly after a swift advance by Iran-backed Houthi rebels threatens a key alternative to the Strait of Hormuz, the Bab el-Mandeb. And Lebanon and Israel will hold new direct talks next month. Here's a look at the latest news in the Middle East. Iraq dismisses commander over Saudi pipeline attacks ----------------------------------------------------------- Prime Minister Ali al-Zaidi ordered an investigation into the operations command in Maysan province, which borders Iran, and dismissed its commander after authorities determined that the attacks on the Saudi pipeline were launched from the province, the government said. The Saudi Foreign Ministry blamed the attacks on drones that came from Iraq and said the kingdom would not retaliate to give the Iraqi government "an opportunity to take
Iranian President Masoud Pezeshkian held talks with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan in New Delhi on the sidelines of the BRICS summit on Saturday. The meeting assumed significance as relations between the two sides came under severe strain after Iran targeted many US bases in the UAE in the last few months as part of its retaliation to the US attacks on Iranian installations. "Iranian President Masoud Pezeshkian met with UAE Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan on the sidelines of the BRICS Summit," the Iranian embassy said on social media. The meeting came amid reports about Iran's plans Iran to meet members of the Gulf Cooperation Council (GCC) and Iraq in Oman on September 14 to discuss an agreement on transit through the Strait of Hormuz. It will be the first such meeting since the start of the West Asia conflict.