Page 7 - West Asia

'You can't kill your way to security': JD Vance's blunt warning to Israel

US vice-president publicly rebukes Israel over Iran and Lebanon, arguing that military force alone cannot guarantee security and reminding Jerusalem that Washington remains its strongest ally

Oil prices fall to lowest after ceasefire deal, touch pre-Iran war level

Oil slid to pre-Iran war lows as the US-Iran deal eased supply fears, lifting Indian equities even as hawkish Fed signals weighed on IT and gold

From war to diplomacy: Versailles and the treaties that shaped history

US President Donald Trump's signing of the US-Iran deal at Versailles has renewed focus on the palace's long history as a venue where wars ended and major diplomatic decisions were made

US, Iran unveil 14-point interim pact to halt conflict, reopen Hormuz

Agreement sets stage for 60-day negotiations on sanctions relief, nuclear programme and regional security

India's remittance inflows stay resilient despite West Asia conflict

Precautionary transfers boost flows; FCNR (B) deposits may offer near-term support

Best of BS Opinion: Why India must confront deeper economic risks

Today's opinions explore India's external vulnerabilities, the concentration of global capital in US technology, energy reforms, disclosure norms, and a nuanced portrait of Kashmir through the Chenab

Rupee appreciates for 3rd straight day on easing West Asia tensions

The rupee appreciated for the third straight session on Tuesday to close 5 paise higher at 94.53 (provisional) against the US dollar, supported by easing West Asia tensions and extended fall in crude oil prices. Forex traders said that with the reported de-escalation of the US-Iran conflict and diplomatic agreements regarding the Strait of Hormuz, the immediate threat to global energy supplies has significantly reduced. Moreover, softening of the US dollar and a decline in US treasury yields also supported the USD/INR pair, they said. At the interbank foreign exchange, the rupee opened at 94.69 against the US dollar and traded in the range of 94.48-94.71. Eventually, it settled at 94.53 (provisional), up 5 paise from its previous close. "We expect the rupee to trade with a positive bias as global markets cheer the US-Iran deal, which has boosted global risk sentiments. Declining US dollar and falling crude oil prices may further support the rupee. "Easing inflation concerns and ..

Thaw in West Asia: Marine insurance rates ease, market awaits durable peace

Industry executives expect war-risk insurance rates to soften further if the US-Iran agreement leads to sustained reopening of the Strait of Hormuz and lower regional tensions

India must use West Asia respite to pursue overdue policy reforms

An end to the West Asia conflict augurs well for India, but it should not lull the government into policy inaction

Qatar plans to rapidly boost LNG production after Strait of Hormuz opens

Qatar plans to restore most of its LNG export capacity within two months of Hormuz reopening, easing pressure on global gas markets

Can Modi-Trump meet on at G7 summit help reset strained India-US relations?

Geopolitical tensions in West Asia are driving Gulf-based NRIs towards Indian term insurance plans, attracted by lower premiums and GST exemptions

Deal done, but don't count on cheap Oil yet; cautions Mirae Asset Sharekhan

Shipping data firm Kpler estimates that daily transits may rise to around 40 vessels within the first month - less than half the pre-war average of 100, says Mohammed Imran, of Mirae Asset Sharekhan.

Best of BS Opinion: Hope is not a strategy, capacity is

From geopolitics and women's empowerment to manufacturing, the rupee and technology, lasting progress depends less on hope and more on building capacity

War effect: Gulf-based NRIs double down on Indian term life plans

Geopolitical tensions in West Asia are driving Gulf-based NRIs towards Indian term insurance plans, attracted by lower premiums and GST exemptions

Dubai property market lures bargain hunters despite West Asia situation

Dubai's residential property market continues to attract buyers despite the West Asia conflict, with some investors viewing price corrections as an entry opportunity

Hope versus experience: Optimism over US-Iran deal should be cautious

The US will not impose new sanctions and lift existing sanctions in accordance with an agreed timetable and release $25 billion of Iran's frozen assets

US-Iran to sign peace deal after months of war: What it means for India

After months of conflict, the US and Iran have agreed to a peace deal. The move could lower oil prices, support the rupee, revive India's exports and ease inflation concerns

US, Iran reach deal to end war; signing set for June 19 in Switzerland

The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since fighting began. Full details of the deal were not immediately available. The signing will be Friday in Switzerland. U.S. President Donald Trump confirmed a deal had been reached and said he had authorised an end to the U.S. naval blockade of Iranian ports in the Strait of Hormuz. "Congratulations to all!" he wrote on social media, without providing details. He added, "Ships of the World, start your engines. Let the oil flow!" The U.S. previously said it would ease its blockade of Iranian ports as the strait reopens, and would agree to relax sanctions to allow Iran to sell more of its oil and strengthen its battered economy. Iranian state TV showed a banner asserting: "US was forced to sign an agreement to end the war." But Iran's government had yet to comment. Iranian state media reported key mediator Pakistan's ...

West Asia conflict: From oil to inflation, how did the crisis impact India?

The West Asia crisis affected India through higher oil prices, pressure on the rupee, weaker trade, rising aviation costs and inflation. Here's how the economy absorbed the shock

Sensex rises 1,700 pts; Nifty above 23,600: What's behind the rally? | West Asia war | US-Iran | Oil

Indian stock markets rallied sharply on June 12, with the Sensex soaring nearly 1,700 points to an intra-day high of 75,608.02, and the Nifty50 surged more than 450 points to touch 23,645.35.