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IRAN CONFLICT 2023
Trump warns Iran will be held 'responsible' for Houthi ship attacksPresident Trump warned Iran of significant military punishment for Houthi attacks. He described the Yemen-based militia as a proxy of Tehra...
Wheat extends July rally as war risks stoke fears over supplyThe European Union grain output is projected to fall by over nine percent. This situation raises the prospect of higher costs for various f...
US House votes to halt Iran war in fresh rebuke to Donald TrumpThe US House passed a resolution directing President Trump to halt military action against Iran. This measure, largely symbolic, requires c...
Top OMCs post losses with government weighing relief measuresState-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, an...
Rs 75,000 cr OMC loss: Oil ministry working on plan to offset losses. Companies seek financial support; Finance Ministry nod needed before proposal goes to CabinetOil Ministry is working on a proposal to compensate state-run oil marketing companies for losses incurred from selling fuel below market ra...
How a Houthi blockade in the Red Sea tightens Iran's grip on global energy suppliesYemen's Houthis declared a maritime blockade against Saudi Arabia on Monday. This action escalates regional conflict and impacts global ene...
Iran says fighting 'full-scale war' with USIran's president declared a full-scale war against the United States on Monday. Washington expanded its strikes across Iran, hitting cities...
Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
After Saudi Arabia, Kuwait explores defence pact with PakistanKuwait is in talks with Pakistan to sign a comprehensive defence pact amid escalating regional tensions following Iran's renewed attacks on...
Peak of US-Iran conflict likely over; easing commodity prices to aid Indian manufacturers from H2FY27: ReportEasing commodity prices are expected to boost Indian manufacturers' operating margins. Global supply is improving and demand from China rem...
Iran strikes US military assets in Bahrain with drones after Washington's attacks on civilian infrastructureIran's Army on Thursday (local time) stated that it has launched drone attacks targeting US military assets in Bahrain in response to Ameri...
India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
One misstep away: Pakistan’s Iran tightrope faces its toughest testSaudi Arabia and Yemen's Houthi movement are facing renewed conflict, raising regional escalation fears and making Pakistan's strategic bal...
After Hormuz, Iran turns to Red Sea gateway as new pressure pointIran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital en...
Trump sends Congress formal notice that Iran conflict has resumedPresident Trump notified Congress of renewed hostilities against Iran starting July seventh. This action begins a new sixty-day period for ...
Lindsey Graham death dominates Iranian newspapers' front pages with ‘being sent to hell’ remark and ‘get ready for sudden death’ warning for Trump, Netanyahu and othersLindsey Graham death cause: Iranian newspapers prominently featured Senator Lindsey Graham's death, issuing warnings to US and Israeli lead...
IHH hospitals in India, Singapore saw fewer patients from Middle East due to warIHH Healthcare hospitals in India saw fewer patients from the UAE and Saudi Arabia. Singapore hospitals also faced impacts from the ongoing...