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UAE WAR IMPACT
Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...
Iran's Revolutionary Guards set up covert Iraqi cells to attack Gulf neighbors, sources sayIran's Revolutionary Guard Corps has formed new secret groups in Iraq. These cells are carrying out drone attacks on Gulf nations like Kuwa...
The US is using an Iranian smuggling tactic to sneak oil out of the GulfThe US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-...
The U.S. is using an Iranian smuggling tactic to sneak oil out of the GulfAmerica's military is secretly guiding oil tankers in the Gulf of Oman. This operation uses drones and helicopters to help ships transfer o...
G7 leaders open summit talks on Ukraine and the Middle East as Zelenskyy joins in FranceLeaders at the G7 summit face a packed agenda. Discussions will focus on ending Russia's war in Ukraine and addressing the Middle East cris...
Pakistan eyes more global bond issues, sees budget upside from Iran dealPakistan's Finance Minister Muhammad Aurangzeb stated it's too early to revise the budget despite potential economic improvements post-Iran...
Exports rise 18% to 6-month high in May; trade deficit widensIndia's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerc...
Straitjacket of Washington: Limits of US unilateralism are evident in consequences of its deal with IranUS actions are testing global limits. Iran deal, Indian sailor deaths, G7 summit divisions and tech export bans are among the top examples ...
India's trade with West Asia gradually improving: Commerce SecyIndia's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports als...
US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...
The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
UAE nuclear plant attack 'serious compromise of nuclear safety': IAEAThe head of the International Atomic Energy Agency has declared a recent drone attack on the Barakah nuclear plant in the UAE a serious com...
Conflict in Middle East & its evolution will dominate proceedings of Russia’s leading foreign policy forumMoscow hosts the 12th Primakov Readings forum discussing a world without rules. Global impacts of regional conflicts, especially in the Mid...
CV industry showing resilience, not much impact of fuel price hike on demand: Ashok Leyland MDThe Indian commercial vehicle sector shows remarkable strength. Fuel price increases from the West Asia conflict have not significantly imp...
Oil well the damage control machineryAs India grapples with escalating fuel and plastic costs, the situation is further exacerbated by supply disruptions in West Asia, jeopardi...