Gold prices experienced a significant decline in futures trading due to uncertainty surrounding geopolitical tensions in West Asia and conflicting statements regarding the conflict. Investors are also awaiting key macroeconomic data for further direction on interest rate cuts.
United States Senator Lindsey Graham on Sunday claimed that Indian Ambassador to the US Vinay Mohan Kwatra spoke to him last month about India buying less Russian oil and asked him to tell President Donald Trump to relieve the 25 per cent tariff.
The UK Maritime Trade Operations issued a warning noting that the incident took place approximately 15 nautical miles north of Sharjah.
This comes as people in Iran continue to protest against rising prices and economic hardship pouring into the streets across several provinces in Iran, with some protests escalating into fatal confrontations with security forces, CNN reported.
Trump and Netanyahu said on Monday that they have agreed on a plan to end the war in Gaza, but it is unclear whether Hamas will accept the terms.
Meanwhile, Trump said Cambodia and Thailand have started fighting again and "tomorrow", he will make a phone call to those countries.
'Incidentally, Prime Minister (Modi) and President Trump have also spoken on the phone on eight occasions during 2025, covering different aspects of our wide-ranging partnership'
According to Iranian state media, Islamic Republic of Iran Broadcasting (IRIB), the threat was articulated by Ebrahim Zolfaghari, spokesperson for Iran's Khatam al-Anbiya Central Headquarters.
Pakistan Prime Minister Shehbaz Sharif has once again thanked former US President Donald Trump for resolving the India-Pakistan conflict in May, despite India's consistent denial of third-party intervention.
The United States Trade Representative (USTR) office on Wednesday launched a sweeping investigation into manufacturing and industrial practices in 16 economies, including India, citing concerns over what it calls 'structural excess capacity' that could distort global trade. Announcing the move on a White House press call, Jamieson Greer said the probe would be conducted under Section 301 of the Trade Act of 1974, one of Washington, DC's most powerful trade enforcement tools.
The Congress attacked the Modi government, saying it now seems to be routine that India learns about its government's actions only from Trump or his appointees.
India is yet to take a call on United States President Donald Trump's invitation to be part of the 'Board of Peace' that will work towards bringing lasting peace to Gaza and possibly resolve global conflicts, people familiar with the matter said on Wednesday.
The Congress party has criticized Prime Minister Narendra Modi following repeated claims by former US President Donald Trump that he brokered peace between India and Pakistan.
Amidst ongoing conflict, Iranian President Masoud Pezeshkian signals a potential de-escalation by apologising to neighbouring countries while firmly rejecting US President Donald Trump's demand for unconditional surrender.
She is the first Republican to challenge former US president Donald Trump in his 2024 bid for the White House.
'I met with a man who really wants to see New York be great again. I think he can bring it back. I think he wants to make it greater than ever before, and if he can, we'll be out there cheering. I'll be cheering for him.'
Iran's men's national soccer team wore black armbands and held schoolbags as their anthem played ahead of a match in Turkey on Friday, in what a team official said was a protest over the killing of schoolgirls on the first day of the Iran war.
External Affairs Minister S Jaishankar discussed the West Asia conflict's impact on the global economy, particularly energy security, with US Secretary of State Marco Rubio. He also engaged with GCC ambassadors and his Sri Lankan and German counterparts on the same issue.
President Trump announces 100% tariffs on movies made outside the US, potentially impacting the Indian film industry. The move follows similar tariffs on pharmaceutical products.
16 days into the war, US forces were already running out of ground-attack missiles and Israel is about to expend its entire Arrow interceptor missiles by end March. To be sure, the Iranians are watching closely and that explains their defiant stance that 'Iran will end the war when it decides to do so and when its conditions are met', notes Ambassador M K Bhadrakumar.
Iran has reportedly allowed select "friendly nations" including India and Pakistan limited access to the Strait of Hormuz amid ongoing conflict, easing some energy supply concerns. Here's what the move means for global trade and oil routes.
Vladimir Putin on Wednesday said that Russia has successfully tested a nuclear-powered submersible drone with unlimited range.
Benchmark equity indices Sensex and Nifty rebounded on Thursday after three sessions of losses, tracking gains in global markets after US President Donald Trump struck a conciliatory tone on Greenland. In a volatile session, the 30-share BSE Sensex climbed 397.74 points, or 0.49 per cent, to close at 82,307.37.
Pakistani Prime Minister Shehbaz Sharif is actively engaged in diplomatic efforts to de-escalate tensions in West Asia, offering to host talks between the US and Iran and engaging with regional leaders to promote peace and stability.
According to an official Iranian military statement, Qader anti-ship cruise missiles were launched at the carrier, forcing it to alter its position in the region.
Iran has not closed the Strait. It remains open; however, due to current conditions and circumstances, ships are unable to pass through the Hormuz. Otherwise, Iran never wanted the Strait to be closed or blocked, the supreme leader's representative said.
The ministry of interior of Bahrain on Sunday claimed that Iran attacked civilian targets in a water desalination plant after a drone attack.
Dramatic scenes unfolded in Caracas as tensions escalated between the US and Venezuela on January 3, 2026. Following President Donald Trump's announcement of strikes on Venezuela and the reported capture of President Nicolas Maduro, smoke rose near the Fort Tiuna military zone while residents evacuated and queued for fuel.
The finance minister said that consolidation of state-owned banks could proceed at any time without waiting for the recommendations of the proposed high-level committee on banking.
India and the United States are committed to finalising an interim trade agreement, despite recent challenges including the US imposing a blanket 10 per cent surcharge and India's decision to wait for a new global tariff architecture. The US Trade Representative's annual report highlights India's maintained high import tariffs and various non-tariff barriers across several sectors.
The Iranian embassy also posted a video purportedly showing the aftermath of the strike, with plumes of smoke visible.
Trump Jr has been completely asymptomatic so far and is following all medically recommended COVID-19 guidelines," the spokesman said.
Two top executives at the British Broadcasting Corporation (BBC) resigned on Sunday amid an escalating scandal over impartiality and bias, as reported by CNN.
The agreement marks the biggest breakthrough in months in the devastating two-year-old war.
Lavrov's comments came two days after Russia accused the US of attempting to prevent India and other countries from buying Russian oil, saying Washington was using a wide range of 'coercive' measures, including tariffs, sanctions and direct prohibitions.
'We need to give Pakistan something serious to think about on its eastern front -- that is the only way to actually help Afghanistan right now.'
This weekend, Donald Trump has begun to say the quiet part out loud -- that he wants to take control of Iran's oil, a formulation more in line with his robber-baron style of international relations.
Pakistan and China are among the countries which are testing nuclear weapons, United States President Donald Trump has said to justify his administration's plans to resume testing of the US's own nuclear assets after a gap of over three decades.
I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
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