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ECONOMIC IMPACT OF US BLOCKADE
Rupee gains as oil retreat soothes, inflow expectations erode weakening biasThe Indian Rupee strengthened on Tuesday due to falling oil prices. Regulatory measures are expected to reduce India's balance of payments ...
Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
US confirms military action on vessel that violated Iran port blockadeUnited States forces disabled an oil tanker in the Gulf of Oman. The vessel, M/T Marivex, violated a blockade of Iran's ports. US military ...
Iran ends military operations against Israel, warns of harsher attacks if strikes on Lebanon persistIran's armed forces declared an end to military operations against Israel, but warned of escalated attacks if Israeli strikes on Lebanon co...
US-Iran war: Trump explains why Tehran deal is taking time, says Hormuz blockade costs Iran $500M a dayUS President Donald Trump believes a new Iran deal will take time. He defends his negotiation strategy and sees no immediate troop withdraw...
Russia's oil major says US companies benefit from the closure of the Strait of HormuzRosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the...
US Fed says Iran war driving 'moderate-to-strong' inflationUS inflation rose at a moderate to strong pace, driven largely by surging energy costs linked to the Iran war, the Federal Reserve said. Hi...
Iran fires missiles, US strikes Iran facility after reports of faltering peace talksIran's paramilitary Revolutionary Guard said it had targeted the headquarters of the US Navy's 5th Fleet in Bahrain and another country in ...
US military says it has 'defeated' Iran missile, drone attacks in GulfUS forces repelled Iranian missile and drone assaults in the Gulf. Self-defense strikes targeted Qeshm Island. Iran's claims of hitting US ...
Iran stops talking to mediators, Iranian reports say, but Trump says talks continueIran has reportedly halted ceasefire extension talks with mediators concerning the war with the US and Israel. President Donald Trump howev...
Manipur hostage release deferred over 'sentiment'Manipur's hostage situation is worsening. The United Naga Council has cancelled the release of 14 Kuki hostages. They demand the release of...
Iran's inflation hits highest level since World War II as unrest and sanctions biteIran is currently navigating a perilous economic landscape as inflation reaches alarming heights not seen since the aftermath of World War ...
The ceasefires in Gaza, Lebanon and Iran are stretching the term's meaningCeasefires have been announced but fighting continues across the Middle East - Gaza, Lebanon and Iran. Israeli forces advance in Gaza and L...
Iran seeks interim deal with US to ease economic strain while preserving nuclear leverageIran is pursuing a limited interim agreement with the United States. This move aims to alleviate mounting economic pressure and stabilize t...
'Every choice has a price, and the bill comes due': Iran's Ghalibaf warns US over ceasefire violationsIran's top negotiator points to US naval blockade and Israeli actions in Lebanon as ceasefire violations. Tehran distrusts words, judging b...
'Hellfire' over Iran? US aircraft disables merchant vessel trying to reach Iranian portUS forces disabled a merchant vessel attempting to reach an Iranian port after it ignored over 20 warnings, highlighting a strict maritime ...
US says it disabled another commercial ship trying to breach blockade and reach IranUS forces have intercepted another ship trying to bypass their blockade of Iranian ports. The Gambia-flagged vessel, Lian Star, ignored war...