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British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
IMF says it will take time for energy, commodity prices to normalize after US-Iran dealThe IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take t...
Strong balance sheets help India Inc absorb West Asia fallout: CrisilA stress test by Crisil Ratings covering 34 sectors that account for 65% of its rated corporate debt suggests that India Inc remains broadl...
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 ...
Sensex jumps over 700 points, Nifty rises above 24,200 as oil prices cool below $73 per barrelOn Thursday, Indian stock markets experienced a remarkable surge, with both Sensex and Nifty seeing significant gains as oil prices fell be...
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...
Oil prices fall as tankers exit Strait of HormuzOil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between t...
Rubio reassures UAE, Kuwait as scepticism over Iran deal persistsUS Secretary of State Marco Rubio assured Gulf allies of their security during a visit to the UAE and Kuwait, addressing skepticism over a ...
Trump orders probe because gas prices not falling enoughDonald Trump said on Wednesday he ordered an investigation into major oil companies over high gasoline prices as the US leader faces critic...
11 India-bound ships transited Strait of Hormuz after US-Iran MoU: MEAFollowing the US and Iran's agreement to de-escalate tensions in West Asia, eleven ships bound for India have successfully navigated the St...
Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
Iran says won't allow UN inspectors at bombed nuclear sitesIran declared UN nuclear watchdog inspections at bombed sites are off-limits, despite a US-Iran deal to end the Middle East war. Talks in S...
US-Iran war: Tehran says no visit scheduled for IAEA inspectors to visit bombed nuclear sitesUS-Iran war: Tehran has denied any scheduled visits for International Atomic Energy Agency inspectors to nuclear sites previously targeted ...
JD Vance says talks with Iranian officials set 'good foundation' for a deal to end US-Iran warIran US War: United States Vice President JD Vance reported significant progress in talks with Tehran, aiming for a permanent end to the re...
Oil export curbs waived, blockade lifted: Iran says 'major progress' in US talksIran and the US have made significant strides in peace talks, with mediators Qatar and Pakistan announcing major progress. Discussions in S...
Iran's Tasnim news agency says Hormuz will not reopen until Lebanon ceasefire holds, oil waivers issuedIran's Tasnim news agency is reporting that the Strait of Hormuz will remain closed to oil shipments. This closure will persist until a cea...
Dollar sees 'bullish break' on Fed rate-hike betsThe US dollar is experiencing a significant rally. Traders are betting the Federal Reserve will raise interest rates soon. This has strengt...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
From bombs to billions: The strange economics of US-Iran peace dealIran and United States are set to sign a peace deal involving significant financial concessions and sanctions relief for Iran. The deal see...
Iran says agreement with US immediately ends warIran said that the newly announced agreement with the United States put an "immediate end" to the countries' war. "A permanent and immediat...