The collapse of the US-Iran ceasefire has put India back on alert, with Tehran shutting the Strait of Hormuz – the route through which a large share of the world’s oil and much of India’s LPG imports pass. As Washington launched fresh strikes on Iran and Gulf countries activated air defences, New Delhi now faces…
Show Quick Read Key points generated by AI, verified by newsroom US agrees to talks, but ceasefire with Iran ended. US demands Iran publicly guarantee safe passage in Hormuz Strait. Iran denies direct talks, accepts Qatari mediation for discussions. US President Donald Trump on Friday said the United States had agreed to continue talks with…
After a brief spell of calm, global oil markets are once again facing chaos. Crude oil prices surged another 1% on Thursday after already recording a 5% jump in the previous trading session, as US President Donald Trump declared that the ceasefire agreement with Iran was “over.” At the same time, fresh US military strikes…
Show Quick Read Key points generated by AI, verified by newsroom Trump declared ceasefire over, Iran remains unbowed by threats. Both nations exchanged claims of military strikes and retaliation. Iran accused US of agreement breaches; Trump kept talks open. US President Donald Trump has declared the ceasefire with Iran over and described Tehran as a…
Show Quick Read Key points generated by AI, verified by newsroom Oil tanker caught fire after US officials accused Iran of launching missiles Monday. Incident occurred after US-Iran ceasefire agreement expired. Strait of Hormuz vital for global oil supply. An oil tanker caught fire after being struck by what British maritime authorities described as an…
US President Donald Trump on Monday warned Iran that either they reach a deal with Washington or the United States will “finish the job,” renewing this threat of military action against Tehran as the Islamic Republic remains defiant following the dayslong funeral of its slain Supreme Leader Ayatollah Ali Khamenei. Collapse of indirect talks despite…
Show Quick Read Key points generated by AI, verified by newsroom Proposed $300 billion private fund targets large-scale Iran investment. Over half the financing is committed by diverse global companies. It follows US-Iran framework agreement to end conflict. Fund is private, rebuilding sites, separate from sanctions talks. A proposed $300 billion private investment fund aimed…
An Iranian ballistic missile strike on a US military facility in Kuwait damaged two MQ-9 Reaper drones and caused minor injuries to several American personnel, Bloomberg reported, citing a unnamed person familiar with the incident.The report said the Fateh-110 missile targeted Ali Al Salem Air Base in Kuwait within the past 24 hours. Although Kuwaiti…
Indian stock markets witnessed a bloody end to the trading week on Friday. Both benchmark indices, Sensex and Nifty50, settled the session about 1.5 per cent down each. The BSE Sensex closed trading at 74,776, bleeding nearly 1,100 points, while the Nifty ended the day a little under 23,550, taking a hit of more than…
Oil prices fell slightly on Friday after reports of a potential extension of a US-Iran ceasefire amid the ongoing Middle East conflict that has stretched beyond three months.Prices of Brent crude fell 0.37% to $93.36 a barrel, while US oil futures slipped 0.71% to $88.27 a barrel, as traders reacted to shifting signals around a…
