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IRAN CONFLICT EFFECT ON GLOBAL ECONOMY
Qatar resumes maritime operations, lifts vessel suspensionQatar has lifted its temporary ban on maritime navigation for all vessels, effective immediately. This decision reverses a suspension impos...
Iran's President Pezeshkian questions international institutions' silence over Israeli 'actions' in West AsiaIranian President Masoud Pezeshkian has strongly condemned Israel's regional actions and criticized US support, citing targeted killings of...
Indian envoy to China rejects comparison with Pakistan on West Asia mediationIndia's envoy to China, Vikram Doraiswami, firmly rejected any comparison with Pakistan over West Asia's mediation roles, attributing it to...
US must 'accept existing realities' on trade: Iranian Parliament Speaker GhalibafIran's Parliament Speaker, Mohammad Bagher Ghalibaf, asserted that the US must acknowledge a changed global landscape following recent conf...
We blew up Iran's radar: Trump says US carried out strikes on Iran for 3 consecutive daysUS President Donald Trump revealed American forces conducted strikes on Iran for three consecutive nights, targeting radar systems in respo...
India Inc registrations jump 16% in June as investor sentiment reboundsThe number of companies incorporated increased to 19,375 in June from 16,654 a year earlier, according to the latest corporate affairs mini...
Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...
IndiGo launches Lite fare with lower prices for cabin bag-only travellersIndiGo has introduced 'IndiGo Lite', a new budget-friendly Economy Class fare for travellers with just cabin baggage. This option, availabl...
Iran and Oman push Strait of Hormuz fee proposal despite Washington oppositionIran and Oman are pushing for payments from ships transiting the Strait of Hormuz, a move opposed by Washington. This proposal, inspired by...
Global AI wave revs up Asian factories, offsetting war-induced painAsia's manufacturing sector experienced a significant boost in June, driven by robust demand for AI-related technology goods. This surge pr...
Iran shuts door on US peace talks, insists Hormuz stays under its controlIran has refused to meet with top US envoys, casting doubt on peace prospects. Disagreements persist over a ceasefire and terms for lifting...
Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin reportIndia's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an u...
Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...
Asia's crude oil imports tick up in June but uncertainty reignsAsia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...
Global Market Today: Asian shares slip, oil pares climbGlobal markets are showing cautious optimism as US and Iran reportedly step back from further conflict escalation, with talks scheduled in ...
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
Iran's Trump card: The risk premium hasn't gone. It just changed shapeA recent attack on a commercial vessel near the Strait of Hormuz signals a shift from fears of outright war to prolonged uncertainty. Iran'...
Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broadenTokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broa...
Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...