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COVID CLOSURES IN IRAN
Why India stayed resilient through the Hormuz crisisIndia successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
Sensex falls over 400 points, Nifty below 23,250 amid US-Iran tensions, persistent FII sellingIndian stock markets experienced a significant downturn on Tuesday. Both the Sensex and Nifty indices saw substantial declines. This drop w...
Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
Iran war saddles global companies with $25 billion bill and countingGlobal companies face significant financial strain due to the U.S.-Israeli war with Iran. Businesses are grappling with escalating oil pric...
Emirates' cash reserves, fuel hedging help airline ride out Iran war turmoilEmirates airline achieved a record $5.4 billion net profit, bolstered by strong cash reserves and effective fuel hedging. Despite disruptio...
Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
Iran war may crush oil demand today, but send it soaring long termThe Iran war has caused a significant drop in global oil demand, with consumption plummeting due to supply disruptions and record-high fuel...
UAE asks US for a wartime financial lifeline as Iran conflict drags: ReportThe United Arab Emirates is in discussions with the United States regarding a potential financial backstop. This measure is being considere...
Families in Iran struggle with school closures even as airstrikes have stoppedLife in Iran remains unsettled as schools stay closed following recent conflict. Parents are juggling work and online classes, facing produ...
Iran war upends IEA's oil market outlook as global supply and demand to contract in 2026The International Energy Agency forecasts a global oil supply and demand fall due to the Iran war, citing the largest supply disruption in ...
China, Iran ‘weaponised’ global economy to counter US: reportGlobal economic competition intensifies as China and Iran use supply chains and trade routes for strategic advantage. This challenges the U...
HDFC Bank, SBI, Yes Bank, other bank stocks rally up to 6%. What lies ahead?Indian banking stocks experienced a significant surge on Wednesday. This rally followed a sharp decline in March, driven by investor concer...
LME aluminium nears four year peak after Iran attacks on Gulf smeltersAluminium prices surged on Monday, nearing four-year highs as Middle East's largest producers, Emirates Global Aluminium and Aluminium Bahr...
LPG crisis: Madhya Pradesh traders body seek limited gas supply to prevent shutdown of hotels, eateriesTraders urge Madhya Pradesh administration to restore commercial LPG supply. The hospitality and food service sector faces a complete shutd...
Iran reports COVID-19 death every five minutes, hospitals struggleAuthorities have complained of poor social distancing, and Deputy Health Minister Iraj Harirchi said the pandemic could cause 600 daily dea...
Iran asks IMF for $5 bln emergency funding to fight coronavirusThe escalating outbreak in Iran - the worst-affected country in the Middle East - has killed 429 people and infected 10,075. The outbreak h...
Death toll in Iran from coronavirus reaches 429: Health officialIran on Thursday reported 75 new deaths from the coronavirus in the past 24 hours, the health ministry said, bringing the death toll to 429...