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MIDDLE EAST WAR UPDATES
Hormuz disruption, border wars choke Afghanistan's auto tradeAfghanistan's vital car parts trade in Spin Boldak has ground to a halt, crippled by escalating border conflicts with Pakistan and the rece...- India eyes oil exploration expansion after Middle East war shortagesIn response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its r...
- OPEC+ tipped to raise quotas again as Middle East calmsSeven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from dis...
- Iran prepares casket prayers for Ayatollah Ali Khamenei as funeral enters second dayIran is holding massive funeral ceremonies for its slain Supreme Leader Ali Khamenei, who died in an airstrike. Huge crowds have gathered i...
- Iran to impose new service fees in Hormuz, reserves special treatment for 'friendly' nationsIran's ambassador to China announced new service fees for ships transiting the Strait of Hormuz, despite US objections. Ambassador Abdolrez...
- Dabur Q1 updates: Co expects double-digit revenue growth as rural demand stays ahead of urbanDabur India anticipates a significant boost in its first-quarter profit, driven by strategic price hikes that effectively countered rising ...
- Tata Motors PV shares in focus as Iran-US conflict impacts JLR volumes in Q1. What's ahead?Tata Motors' luxury arm, Jaguar Land Rover, saw a significant 15.3% drop in retail sales for Q1 FY27. Disruptions from the Middle East conf...
- Tel Aviv should build broader alliance from India to US via West Asia: Top Israeli defence officialIsrael's top defence official proposed a new regional security architecture, advocating for a broad alliance from India to the US, encompas...
- US manufacturing activity eases in June; prices paid by factories remain elevatedUS manufacturing activity saw a slight dip in June, following a robust May. While expansion continues for the sixth month, the pace has mod...
- Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...
- India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
- 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...
- Europe's STOXX 600 on track for biggest quarterly gain in over five years on AI boostEuropean markets are soaring, marking their best quarterly performance in over five years. Optimism surrounding artificial intelligence and...
- 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...
- Home sales fall to three-year low in June quarterHome sales experienced a notable dip in the June quarter, marking the slowest performance since early 2023. Persistent global uncertainties...
- Gold price prediction: Why is gold rate down today? What to expect for bullion in July, AugustGold rate today down as oil prices rose following days of tit-for-tat strikes by the United States and Iran in the Middle East raising app...
- Tehran-Dubai flights to resume Monday: Iranian mediaFlights between Tehran and Dubai are set to resume on Monday, according to Iranian state media. This comes just weeks after Iran launched d...
- Iran FM Araghchi warns any challenge to Hormuz strait will 'increase tensions'Iran's Foreign Minister Abbas Araghchi cautioned on Sunday that any disruption to Tehran's control over the vital Strait of Hormuz would es...
- Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
- Brent crude hits lowest since before start of Mideast war as more tankers exit HormuzGlobal oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interi...
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