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TRADE RETALIATION
US-Iran war: UKMTO says ship hit by projectile within Strait of HormuzUS-Iran war news: A tanker in the Strait of Hormuz reported being struck by an "unidentified projectile," according to the UKMTO. This inci...- Trump threatens 100% tariff on nations taxing US tech giants, warns trade deals won't matterUS President Donald Trump has issued a stern warning, threatening a hefty 100% tariff on all goods from nations implementing digital servic...
- 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...
- Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
- India needs to diversify its sources of energy needs, says NITI vice-chairmanNITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...
- China warns of fragmented supply chains as trade tensions growBeijing, a dominant supplier, has retaliated against potential restrictions with export controls. While China attributes its competitivenes...
- Inside the chaotic Iran talks that let Trump claim victory, but not yet peacePresident Trump announced the end of the Iran War and the reopening of the Strait of Hormuz, following intense Qatari mediation. Despite Is...
- Are the EU and China heading for a trade war?Europe's trade gap with China is widening. This is leading to protective measures on items like electric vehicles and e-commerce. Leaders a...
- Brent oil price drops under $80 on US-Iran dealOil prices fell to a three-month low Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal between the...
- Iran says talks on final US deal to begin this weekIran and the United States are set to begin crucial nuclear and sanctions relief talks this week. An agreement to end a recent war is expec...
- Indian seafarers' deaths, disputed attacks and a widening US-Iran blame gameIndia watches closely as the US and Iran trade accusations over maritime incidents. Both nations present conflicting accounts of negotiatio...
- China 'strongly dissatisfied' with Pentagon move against top Chinese tech firmsChina is deeply unhappy with the United States placing several major Chinese firms on a Pentagon list. This move impacts top technology and...
- US military's plan for ground operation to seize Iran's Uranium was paused by Trump: ReportUS military leaders secretly briefed on a plan to enter Iran and seize nuclear material. Top General Dan Caine cut short a NATO meeting for...
- Ahead of G7, Canadian PM Mark Carney softens tone toward Trump with trade talks at stakeCanadian Prime Minister Mark Carney faces a delicate balancing act. He previously challenged global powers but now moderates his tone towar...
- In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...
- Market wrap: Sensex falls 151 points, Nifty closes below 23,200; Infosys, Adani Ports among top losersIndian stock markets faced sharp movements on Thursday, closing lower. The Sensex and Nifty declined as rising Iran-US conflict spooked inv...
- Trump vows fresh Iran strikes after 'playing us for suckers'United States President Donald Trump declared renewed attacks on Iran. He accused Iranian negotiators of deception. This comes after an exc...
- Gold price crash may revive wedding demand as buying season nearsGold and silver prices witnessed a sharp correction from recent highs, raising hopes of stronger jewellery demand. Industry experts expect ...
- Rupee ends nearly flat on competing oil, intervention and NDF maturity cuesThe Indian rupee saw little change on Wednesday. Traders noted oil price swings and strong dollar demand. The Reserve Bank of India likely ...
- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
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