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Iran rejects US-led Gulf security summit, says Hormuz is under its commandIran has sharply criticized a US-led security summit in Bahrain, asserting that the Strait of Hormuz falls under Tehran's command, not Amer...- NPCI partners with HSBC India to enable real-time FX settlement for global UPI paymentsExciting news for Indian travelers! A groundbreaking partnership between NPCI and HSBC India is set to streamline international UPI payment...
- UK investors sue Binance in London for £150 millionThe claimants, some of whom said they had lost tens of thousands of pounds, allege Binance entities knowingly sold investments such as le...
- Abu Dhabi proposes new oil-pricing system to mirror wider marketAbu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...
- 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 ...
- India launches UPI in GreeceIndia's digital payment system, UPI, has expanded its global reach with a launch in Greece. This move allows eligible customers instant, se...
- 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...
- India seeks EU scrap export relief as curbs threaten trade pact gainsIndia has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...
- Sea route near Oman is expanding to facilitate more traffic through Strait of Hormuz, US Navy saysA crucial shipping lane through the Strait of Hormuz, near Oman's coast, is being expanded for both directions of traffic, according to a U...
- UAE says false public warning caused by technical malfunctionResidents in the UAE received erroneous missile threat alerts due to a technical glitch in the early warning system. The National Emergency...
- Missile alert goes off in Dubai warning of incoming projectileDubai was briefly jolted by an incoming missile alert on Friday evening, creating a wave of anxiety throughout the emirate. This alert, whi...
- Rubio hails US-Gulf Arab unity despite region's persistent concerns about Iran agreementUS Secretary of State Marco Rubio assured Gulf Arab partners of unwavering support amidst ongoing negotiations to end the war with Iran. De...
- 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...
- Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources sayBaghdad is signaling a potential departure from OPEC if its oil production quota isn't substantially raised, a move that would further dest...
- Switzerland coordinating with India, UAE to organise AI summitThe 2027 summit in Geneva will centre on the application of international law, fundamental rights and ethical development of AI governance ...
- 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 ...
- Airlines should still avoid airspace over Iran after framework deal, EU agency warnsAviation authorities are urging airlines to steer clear of Iranian, Iraqi, and Lebanese airspace, extending advisories until July 1. Despit...
- UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEAUnited Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...
- After BrahMos, India may have found its next military bestsellerIndia’s defence export story, long centred on the BrahMos supersonic missile, may be expanding to include a new system gaining global atten...
- India's LPG imports from US set to cross 1 million tons in June, sources sayIndia's LPG imports from the U.S. are projected to cross a record 1 million metric tons in June, driven by Middle Eastern supply disruption...
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