The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
Eight US Marines injured in Iranian attack in Hormuz as number of wounded service members surges to 861Eight US Marines suffered injuries from smoke inhalation and concussion symptoms following an Iranian missile attack earlier this month. Th...
India to continue diesel exports despite possible US ban amid tightening global fuel marketIndia remains committed to its diesel export contracts, as stated by Oil Minister Hardeep Puri. The global diesel market faces challenges d...
US Iran war: Oman calls for self-restraint, dialogue in Mideast conflictOmani Foreign Minister Badr Albusaidi called for self-restraint from all parties involved in the Middle East war. He emphasized that Oman i...
US Iran war: Tehran insists on diplomatic solution after Trump rejects peace planIranian Foreign Minister Abbas Araqchi emphasized that diplomatic solutions are essential for resolving tensions with the US and Israel. US...
Why US stocks are down: Dow, Nasdaq slide as Iran tensions push oil, yields higher amid Trump-Xi talksWall Street's main stock indexes fell as Middle East tensions weighed on financial markets. Oil prices have risen, which is causing a spike...
India bonds pummelled after Treasury rout, traders raise rate hike betsIndian government bonds experienced a decline following increases in U.S. Treasury yields and oil prices. The benchmark 6.94% 2036 bond yie...
Fitch raises India FY27 GDP growth forecast to 6.9% from 6.4%, sees 25 bps RBI rate hike in OctoberFitch Ratings has raised India’s FY27 growth forecast to 6.9% from 6.4% after the economy expanded 7.8% in the June quarter, demonstrating ...
Oil prices edge lower as Iran says it is open to diplomacy to end the warOil prices dropped after a previous increase, with Brent crude futures falling by 0.9% to $102.13. Iran expressed willingness for diplomati...
Witkoff says US-Iran talks were 'promising, constructive' as Iran confirms FM Aragchi's meeting with envoyUS Special Envoy Steve Witkoff had extensive talks with the Iranian delegation at the UN General Assembly. The discussions aimed to address...
D-St braces for weak opening on negative GIFT Nifty cuesBenchmark indices faced pressure and closed negatively on Tuesday. The Nifty is expected to continue its consolidation in a broad range. Fo...
Bombs were loaded, targets were set, then Trump changed his mind. Behind America’s U-turn on Houthi strikesUS President Donald Trump ordered preparations for airstrikes against Iran-backed Houthis in Yemen after Saudi Crown Prince Mohammed bin Sa...
Iran FM Araghchi to visit Qatar for talks before UN assembly, state media reportsIranian Foreign Minister Abbas Araghchi is traveling to Qatar for talks. He will then proceed to New York for the United Nations General As...
Pak FM Ishaq Dar urges 'uninterrupted' energy supplies, safe passage of ships in call with Iranian counterpartPakistan's Foreign Minister Ishaq Dar engaged in a significant dialogue with his Iranian counterpart on Saturday, underlining the critical ...
Global Market Today: Asian stocks, bonds gain as oil extends declineMSCI’s regional equities gauge advanced 0.3% with South Korea’s Kospi index leading gains. That came after the S&P 500 Index rose 1.1% on T...
US Fury so 'Epic', it resulted in ammunition shortage"The US has massive amounts of 'munitions,' especially of certain types," Trump posted on social media on August 6. In another post Septemb...
Rice gets pricier in India as US-Iran war sends countries scrambling to secure food suppliesRice is getting costlier in India as the US-Iran war drives countries to secure food supplies and boosts overseas demand. Basmati prices ha...