US President Donald Trump stated the war with Iran would end 'soon,' citing significant military gains and minimal remaining targets. This contradicts earlier administration statements about an open-ended timeline.
'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'
US President Donald Trump asserted that Iran is attempting to remove him from office, believing a Democratic administration would permit them to develop nuclear weapons. Trump vowed to prevent Iran from acquiring nuclear capabilities and stated he has no regrets about his confrontational approach, claiming he would act the same way again. He also linked the ongoing conflict to rising stock markets and oil prices, and controversially suggested renaming the Strait of Hormuz.
Iranian President Masoud Pezeshkian delivered a strong address at the UN General Assembly, rejecting US allegations against Iran and accusing Washington and Israel of aggression and terrorism. He criticised US sanctions, defended Iran's peaceful nuclear programme, and highlighted the Palestinian issue.
The Israeli Finance Ministry has warned that the ongoing war with Iran could cost Israel an estimated NIS 9.4 billion (USD 3 billion approximately) per week under current restrictions on economic activities.
Pakistan has significantly increased the price of high-octane fuel, impacting luxury vehicle owners, while also seeing increases in petrol, diesel, and airline fares due to rising global oil prices.
Economist Jeffrey Sachs saw Gulf nations' decision to partner with the US through the Abraham Accords as an "invitation for disaster" as it made them more dependent on American protection.
US Vice-President J D Vance's unexpected phone call to Prime Minister Narendra Modi on August 8 has ignited speculation about a potential diplomatic overture, possibly seeking India's support amidst the escalating US-Iran conflict and a shifting global power landscape, suggests Ambassador M K Bhadrakumar.
US President Donald Trump stated he would not set a deadline for ending the conflict with Iran, claiming Iran's military capabilities have been severely weakened. He also said he would not use nuclear weapons and maintained the US has complete control over blockade measures against Iran.
US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu had a tense phone call over the future course of the war on Iran, with Washington favouring a deal instead of resuming strikes, according to US media reports.
With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.
Iran's star striker Sardar Azmoun has been recalled to the national football team, four months after his controversial omission from the World Cup roster. His return follows a social media post that reportedly angered Iranian authorities. Azmoun expressed his joy and readiness to fight for his country as Iran prepares for the Asian Cup.
The Indian rupee experienced its sharpest single-day decline in eight weeks, settling at 94.83 per dollar, primarily due to escalating crude oil prices and persistent risk-off sentiment driven by heightened geopolitical tensions and limited foreign inflows.
US President Donald Trump has shared a map on Truth Social showing the Strait of Hormuz labelled as "Trump Strait".
Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.
Donald Trump claims a senior defence official urged military action against Iran, revealing escalating tensions and ongoing negotiations in the Middle East.
Prime Minister Narendra Modi met Iranian President Masoud Pezeshkian at the SCO summit, advocating for dialogue and diplomacy to resolve the West Asia conflict and expressing India's desire to expand and diversify trade with Iran. Pezeshkian, in turn, urged India to leverage its contacts to promote peace.
A US Air Force colonel, identified by his call sign 'Bravo', survived nearly 50 hours behind Iranian lines after his F-15E fighter jet was shot down near Isfahan. Despite severe injuries, he evaded Iranian forces and was eventually rescued in a complex operation involving US military and intelligence personnel, highlighting a daring mission to leave no man behind.
Iran's Islamic Revolutionary Guard Corps (IRGC) claims to have captured a US unmanned submersible near the Strait of Hormuz and launched ballistic missile strikes against a US airbase in Jordan and two US Navy destroyers. These actions are stated as retaliation for recent US attacks on Iranian oil tankers. The US Central Command (CENTCOM) had previously reported destroying Iranian crude oil carriers after IRGC missile attacks on US warships. The escalating tensions have led to regional air defence activations and warnings to tanker crews.
'Mojtaba Khamenei supervised the most recent repression in December 2025 and January 2026 which remains ongoing.'
A question has been raised whether the Mecca Pact will have a negative impact on our doctrine that the Operation Sindoor has only been suspended and that it would be resumed if Pakistan engages in terrorism in the future. But the Mecca Pact only speaks of aggression, not defence against terrorism, points out Ambassador T P Sreenivasan.
'Every day the meter is ticking. Like a time bomb.' Shipping giants are billing Indian exporters up to $3,000 per container in war surcharges -- on cargo that sailed before the war began -- as the Strait of Hormuz shuts down.
Donald Trump defends the recent surge in global oil prices, arguing it's a necessary short-term cost to eliminate Iran's nuclear threat and ensure global security.
Iran is fighting a different war: Older, slower, and in some ways more dangerous. Iran doesn't need to shoot down an F/A-18. It only needs to make the Strait of Hormuz feel dangerous long enough for insurance markets, shipping companies, and oil futures traders to do the rest. Prem Panicker continues his must-read daily blog on the war in the Middle East.
Prem Panicker's Must Read Blog On The Gulf War.
An Indian-flagged crude tanker safely departed from the UAE's Fujairah after loading oil, despite an attack on the oil terminal. The Indian government is closely monitoring the situation in West Asia to ensure stable fuel supplies and maritime safety.
There are only bad and worse options before him, points out Aakar Patel.
The United States launched military action against two Iranian launch systems on Larak Island, prompting Iran to claim retaliation with ballistic missile launches targeting two US air bases in Jordan.
Amidst escalating tensions with Iran, the US has granted India a temporary 30-day waiver to continue purchasing Russian oil, aiming to stabilise global energy markets and encourage future US oil imports by India.
US President Donald Trump announced that a peace deal with Iran, which includes a commitment from Iran to abandon nuclear weapons, is nearly complete and expected to be signed in Europe this weekend. This development follows Trump's decision to call off military strikes against Iran hours after threatening to take control of its oil industry.
Opposition parties are demanding a full Parliament discussion on the West Asia conflict, criticising the government's silence and calling for a contingency plan to protect India's energy security and citizens.
Fighting in Yemen has intensified as Houthi rebels advance on strategic government-held areas like Marib and Taiz, putting pressure on Saudi Arabia to respond. The conflict is also linked to wider US-Iran tensions affecting shipping in the Strait of Hormuz, with former US President Trump commenting on the situation.
Live updates on the US-Israel-Iran war: Trump escalates threats, Iran retaliates, and oil prices surge as the Strait of Hormuz crisis disrupts global markets.
Pakistan's Defence Minister Khawaja Asif has issued a stern warning that the Makkah Defence Alliance, a newly formed pact between Pakistan, Saudi Arabia, and Turkiye, stands ready to activate its collective defence provisions in response to escalating Houthi attacks on Saudi Arabia.
Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.
US President Donald Trump received a red carpet welcome in Beijing for talks with Chinese President Xi Jinping on trade, the Iran war, and other key issues. The visit underscores the importance both nations place on their relationship amid ongoing tensions.
The BRICS grouping adopted a consensus joint declaration in New Delhi, successfully navigating differences on the West Asia conflict but notably omitting any direct mention of US strikes on Iran or Iranian military attacks on Gulf Arab nations. The declaration also criticised Israel's actions in Gaza and called for a concerted approach against terrorism.
Pakistan's Defence Minister Khawaja Asif has reiterated the nation's unwavering commitment to the Makkah Joint Defence Agreement, underscoring its role in regional security following an attempted drone attack near the holy city of Mecca. The pact, signed by Pakistan, Turkiye, and Saudi Arabia, establishes a framework for collective deterrence against armed attacks.
A proposed deal between Iran and Oman could grant Tehran control over vessels entering the Gulf through the Strait of Hormuz, according to a senior Iranian source and two regional officials who spoke to Reuters on Wednesday, in what represents one of the most significant concessions made to Iran to date.
Supreme Leader Mojtaba Khamenei has reshuffled Iran's political and national-security establishment, appointing former SNSC Secretary Mohammad Bagher Zolghadr as his political adviser and veteran IRGC commander Mohsen Rezaei as his representative on the Supreme National Security Council, consolidating power amid the West Asia crisis and Strait of Hormuz tensions.
