West Asia And The Gulf

Indian Embassy confirms safe evacuation of 19 seafarers stranded in Yemen

Stranded in Yemen for nearly two weeks, the Indian nationals were evacuated safely as tensions in the region raised concerns over commercial shipping routes

How Kushner conducted foreign policy for profit

A new book alleges that Jared Kushner used his White House influence to advance the UAE's regional interests while pursuing private financial gains, prompting calls for a congressional investigation.

Trump admin warns Gulf states of likely renewed Iran war after US midterms

The Trump administration is preparing for possible renewed strikes after the November midterms, even as diplomatic efforts to resolve the conflict remain ongoing

Israelis hold final rally against Netanyahu ahead of consequential election

Israelis held a final large rally against Prime Minister Benjamin Netanyahu ahead of what has been described as the most consequential election in the country's history. Meanwhile, the death toll rose from Friday's attack on a church in Jordan. And an Iranian military commander said his country will not allow US warships to enter the Persian Gulf as concerns grow of a return to all-out war. Here is the latest news from the Middle East on Saturday. Read our full coverage here. Thousands rally in Tel Aviv days ahead of Israel's election ---------------------------------------------------------------- A large crowd gathered in a final protest against Prime Minister Benjamin Netanyahu and his government ahead of Tuesday's close election. The crowd heard calls for a commission of inquiry into the security failures that led to the Hamas-led attack on Oct. 7, 2023, that sparked the war in Gaza. Netanyahu has refused such an inquiry. Netanyahu's chief rival, Gadi Eisenkot, attended the

Matter of 'deep concern': EAM Jaishankar on situation in West Asia

The situation in West Asia remains a matter of "deep concern" and India will support all efforts to promote peace through dialogue and diplomacy, External Affairs Minister S Jaishankar said on Tuesday during talks with his counterpart from the UAE, Sheikh Abdullah bin Zayed Al Nahyan. Al Nahyan, who is also the deputy prime minister of the UAE, landed in Mumbai on Monday night on a two-day visit. His trip to India comes amid a fresh wave of attacks on Saudi Arabia reportedly by the Houthi militants. In his televised opening remarks at the meeting, Jaishankar also made a mention of how the Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE has significantly enhanced bilateral trade and economic ties. "The situation in the Gulf remains a matter of deep concern. We will continue to work together and support all efforts to promote dialogue and diplomacy," he said. "We continue to support free, safe and unimpeded flow of trade, energy and fertiliser. I would a

Nifty's 200-day moving average sounds alarm as market breadth thins

Only 10 Nifty 50 stocks traded above their 200-day moving averages on Wednesday, down from 38 in January, signalling weakening market breadth despite movements in the benchmark index.

Missile strikes passenger terminal at Riyadh airport, many wounded

Two regional officials say the airport in the Saudi capital has been attacked again. One official said the Riyadh airport has been evacuated, and the other said air traffic has stopped. They spoke on condition of anonymity because they weren't authorised to speak to the media. King Khalid International Airport has been targeted multiple times this week, with three Saudi civilians including a pilot killed on Thursday. Iran-backed Houthi rebels in neighbouring Yemen have claimed responsibility for those attacks. There was no immediate Houthi statement Saturday. The airport issued a terse alert telling passengers to check with airlines to confirm flights before going there. Fighting in Yemen between the Houthis and the Saudi-backed Yemeni government forces has escalated, with a Saudi-led coalition providing air support for government forces in an attempt to reverse recent Houthi gains along the Red Sea.

Aramco CEO says less than 10% of world oil inventory is available

Aramco CEO Amin Nasser warned that global oil stocks are 'scarily thin' and said rebuilding inventories after the crisis could take up to two years

Nifty's eight-week slide puts 2001 low back in sight amid oil spike

Rising crude prices, firm US yields, global risk aversion weigh on Indian equities

US renews West Asia travel alert, warns Iran conflict may escalate rapidly

At least 11 US embassies cautioned about possible travel disruptions

Saudi Arabia issues aerial threat alert after explosion heard in Riyadh

Saudi Arabia warned of a "hostile aerial threat" and issued a string of emergency alerts across the kingdom, including in its capital, late Friday and early Saturday. Also Saturday, Iran's state TV reported that a man was executed after being convicted on charges of spying for Israel's intelligence agency Mossad. Here is the latest news from the Middle East on Saturday. Alerts sound across Saudi Arabia for aerial threat ---------------------------------------------------- Saudi Arabia warned of a "hostile aerial threat" after issuing a string of emergency alerts across the kingdom late Friday and early Saturday, and at least one explosion was heard in the capital, Riyadh. The alert heard in Riyadh was first for the Saudi capital since the latest escalation with Yemen's Iran-backed Houthi rebels. No casualties or damage were reported after the alerts were lifted. Saudi authorities didn't say what prompted the alerts or the cause of the audible explosions, but they previously repo

Saudi Arabia faces 'worst-case scenario' after being rebuffed by Trump

The kingdom is in a state of strategic shock after coming under attack from an emboldened Iran and failing to win more US military support, analysts say

Brics Declaration addresses West Asia tensions, condemns Pahalgam attack

The unanimous statement voices concern over West Asia, Gaza, Sudan and Syria, condemns the Pahalgam terror attack and flags rising military spending and nuclear risks

Brics nations call for smooth flow of energy supplies amid W. Asia conflict

The Delhi Declaration urged maximum restraint and diplomacy as grouping seeks stable energy markets, uninterrupted supplies and resilient infrastructure amid escalating tensions

Brics countries should firmly stand on right side of history: Xi at Brics

Addressing the Brics summit, Xi said the West Asia war doesn't serve global interests, and urged member countries to play a pioneering role in maintaining peace and stability

West Asia war strains margins for apparel makers as raw material costs rise

The West Asia war is driving up polyester, cotton, energy and freight costs, squeezing apparel manufacturers and potentially pushing clothing prices higher

L&T wins 13 orders since July, signalling revival in West Asia business

While the engineering giant only shares a range instead of giving out the exact order value, a Bloomberg News estimate pegs the average at about ₹1.11 trillion in the ongoing quarter

China starts first regular container service through Arctic: Why it matters

The service, officially called the China-Europe Arctic Express and branded by the Chinese carrier as the 'Ice Silk Road', will sail along Russia's Northern Sea Route

Iran says Qatar holds 3 missing pilots as Hormuz attack raises tensions

The United Arab Emirates accused Iran of attacking a vessel in the Strait of Hormuz, while the Iran-backed Houthis struck a Red Sea port in Yemen. In Southern Lebanon, nine people were killed in Israeli airstrikes, some of the deadliest since a shaky truce between Israel and Hezbollah went into effect on June 20. Here's a look at the latest developments in the Iran war and the wider Middle East. Full coverage can be found here. A vessel is attacked in the Strait of Hormuz ---------------------------------------------- A tanker owned by Abu Dhabi's state-owned oil and gas company ADNOC was attacked while transiting through the Strait of Hormuz, Emirati state-run WAM news agency said Saturday. The attack happened Friday evening, and there were no injuries, the agency reported. This is the third such attack on vessels operated by ADNOC in the critical waterway in the last week. In a statement on Saturday, the United Arab Emirates blamed Iran for the attack and called on it to stop

Iran, Oman edge closer to Hormuz shipping routes deal as war continues

The move follows a series of attacks in Hormuz, through which a fifth of the world's oil and gas transited before the war