When asked about Bessent's announcement allowing certain Russian oil sales to India and whether the US is considering any other moves, including tapping the Strategic Petroleum Reserve (SPR), Trump said, "If there were some, I would do it just to take a little of the pressure off."
Sensex plunges over 1,400 points and Nifty slips near 22,250 amid Trump's Iran threat, rising crude oil prices, and FII selling. Here are the key reasons behind today's market crash.
US President Donald Trump asserted that the trade deal with India remains intact despite a Supreme Court ruling against his tariffs, while also claiming he used tariffs to stop a war between India and Pakistan.
Crude oil prices have surged to record highs due to escalating tensions between the US and Iran, raising concerns about supply disruptions and market volatility.
'The White House lunch that Trump hosted for Munir last year came just after Munir returned from a visit to Iran, at a moment when Israel and Iran were at war.' 'Trump said after that lunch that the Pakistanis know Iran very well. He likely views Munir as a useful interlocutor that can give helpful insights on Iran.'
Doubts are emerging about Pakistan's role in mediating peace negotiations between the US and Iran, with suggestions that Islamabad's efforts are stalling and failing to secure a definitive response from the United States.
Trump, delivering remarks at the House GOP Member Retreat, also claimed that "Prime Minister Modi came to see me, 'Sir, may I see you please'. Yes."
Tensions escalate as Iranian forces attack a container ship in the Strait of Hormuz after Trump announced the ceasefire extension.
India's pharmaceuticals and medical devices industries are still hopeful that trade negotiations with the US could cut a fairer deal for both sides, after President Donald Trump announced a 25 per cent tariff rate on India on a social networking platform without divulging the finer details.
The intriguing bit is that Trump is likely to attend the talks in Islamabad this weekend -- if he does, it will be the clearest signal yet that the US is ready to exit the war with some sort of win to show, since he cannot afford to go for the talks and return empty-handed, notes Prem Panicker in his must read blog on the Iran War
Trump claims the United States is performing exceptionally well in its ongoing conflict with Iran, citing weakened Iranian military capabilities and a strong US position.
...is a way out, notes Prem Panicker in his must read blog on the Iran War. What the indefinite extension produces is a prolonged condition of not-war-not-peace, in which oil markets cannot stabilise, Asian refineries cannot plan, European governments cannot stop subsidising consumption they cannot afford, and the next flashpoint -- a seized tanker, a miscalculated drone strike, a Truth Social post that claims too much -- is one news cycle away.
United States President Donald Trump on Friday withdrew the invitation extended to Canada to join the Board of Peace.
Indian benchmark stock indices, Sensex and Nifty, surged over 1 per cent, driven by optimism surrounding potential US-Iran peace talks and a significant drop in crude oil prices below the USD 100 per barrel mark. This de-escalation in geopolitical concerns and easing inflation pressures provided a substantial boost to investor sentiment.
Speaking to North Korea's Supreme People's Assembly on Tuesday, Kim accused the United States of carrying out 'terrorism and invasions' across regions, referring to the ongoing conflict involving Iran.
The threat of wars hovers over the negotiations in Oman, but the good part is that Trump called the talks to be 'very good' and Iran's President Masoud Pezeshkian responded that they 'constitute a step forward', points out Ambassador M K Bhadrakumar.
Despite United States President Donald Trump claiming that negotiations with Iran are underway and the conflict could soon end, the Pentagon is expected to deploy troops from the 82nd Airborne Division to the Middle East as the war enters its fourth week, according to a CBS News report.
Reports indicate that Mojtaba Khamenei, the son of Iran's Supreme Leader and a potential successor, is reportedly unconscious and receiving medical treatment in Qom, according to intelligence assessments.
President Donald Trump announced the US will strengthen the United Nations, ensure its viability, and provide financial assistance, while also asserting that his Board of Peace will oversee the global organization's operations.
Gianni Infantino confirms he will seek a fourth term as FIFA president, with elections set for 2027 amid ongoing expansion reforms and criticism.
The Indian rupee depreciated by 34 paise to close at 93.78 against the US dollar, marking its third consecutive session of decline. This fall is attributed to escalating crude oil prices driven by uncertainty surrounding US-Iran peace talks and fresh attacks in the Strait of Hormuz, alongside significant foreign institutional investor outflows from domestic equity markets.
The pause gives the US time to breathe, to regroup, to move its expeditionary force into position without risk of interception along the way. It gives Iran nothing -- on the ground, attacks against its infrastructure continue apace. Prem Panicker in his must read daily blog on the Gulf War.
The US President has previously made similar claims, stating that Sharif had credited him with saving millions of lives by helping end the conflict between the nuclear-armed neighbours.
New York City Mayor Zohran Mamdani has voiced his opposition to the capture of Venezuelan President Nicols Maduro by the US military, calling it an 'act of war' and a violation of international law. Congressman Raja Krishnamoorthi also criticized the action, citing lack of congressional authorization.
Global energy markets saw a significant correction as oil prices nosedived following Iran's announcement that the Strait of Hormuz has been fully reopened, dismantling the 'war-risk' premium that had gripped the market.
Trump's outburst comes amid escalating tensions between the US and its northern neighbour, following recent remarks by Canadian Prime Minister Mark Carney at the World Economic Forum (WEF) in Davos.
Following a Supreme Court setback, Donald Trump has announced an increase in global tariffs from 10% to 15%, impacting international trade relations and raising concerns about economic repercussions.
His remarks come after Trump warned Iran of severe consequences if it fails to reopen the strategically vital Strait of Hormuz, a key global energy transit route.
At least 16 files released in the batch of Jeffrey Epstein documents appeared to have been removed from the website, as of Sunday morning (local time).
Iran has submitted its latest proposal aimed at advancing negotiations to end the ongoing West Asia conflict with the US, days after the Islamic Republic submitted a fresh proposal through regional intermediaries to cease its military operations in the Strait of Hormuz, which is likely to get rejected by Washington.
The US President had hosted Modi for an official working visit in Washington, DC, on February 13 last year.
Israel's Defence Minister Israel Katz has stated that Israel is prepared to escalate military action against Iran, pending approval from the United States. This comes as US President Donald Trump says he would not use nuclear weapons in any conflict with Iran, while also claiming the US has 'total control' over the Strait of Hormuz.
US Central Command (CENTCOM) released footage of a maritime operation where Marines boarded an Iranian-flagged vessel, the Touska, in the Gulf of Oman, leading to heightened tensions and threats of retaliation from Iran.
US Vice President JD Vance's visit to Islamabad for peace talks with Iran has been put on hold after Tehran failed to respond to American negotiating positions, according to a New York Times report.
World leaders often have simple tastes when it comes to food.
The ongoing conflict involving the United States, Israel, and Iran intensified sharply with attacks on critical energy infrastructure across the Gulf, even as US President Donald Trump said he had cautioned Israeli Prime Minister Benjamin Netanyahu against targeting Iran's key South Pars Gas Field.
US Vice President JD Vance is set to arrive in Islamabad on Monday evening to lead a high-level American delegation in a second round of ceasefire negotiations with Iran, CNN reported, citing White House on Sunday.
Trump said he is unwilling to make a deal with Tehran at this stage despite indications the country wants negotiations.
Amid escalating tensions with Iran, President Trump is urging nations dependent on Middle Eastern oil to deploy warships to the Strait of Hormuz to safeguard critical global energy supplies.
Reacting to remarks by the Premier of Greenland expressing a 'preference to remain with Denmark' over the United States, US President Donald Trump on Tuesday dismissed the statement and warned that it could create 'a big problem' for the latter.
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