News for 'Hormuz'

Gulf no longer shield for US bases, warns Khamenei

Gulf no longer shield for US bases, warns Khamenei

Rediff.com26 May 2026

Khamenei urged the pilgrims for unity and called on them to pray for "the liberation of Palestine and Al-Aqsa Mosque, the alleviation of the great hardships afflicting Muslims, and the attainment of ultimate victory against global arrogance."

Iran says US has agreed to release $12 billion frozen assets

Iran says US has agreed to release $12 billion frozen assets

Rediff.com15 Jun 2026

A peace deal between the US and Iran, set to be signed in Geneva, faces significant hurdles over the release of Iran's USD 12 billion in frozen assets, with conflicting reports from both sides on the conditions for their release.

Don't jeopardise Iran peace deal, Trump tells Israel after Beirut strikes

Don't jeopardise Iran peace deal, Trump tells Israel after Beirut strikes

Rediff.com14 Jun 2026

US President Donald Trump on Sunday said that the Israeli strikes on Lebanon's capital of Beirut "should not have happened", warning that such escalation could jeopardise the peace agreement with Iran to achieve a complete solution to the West Asia conflict, which, according to him, is within reach.

US, Iran move closer to historic agreement after Swiss summit talks

US, Iran move closer to historic agreement after Swiss summit talks

Rediff.com7 days ago

The US and Iran have agreed on a roadmap aimed at reaching a final agreement within 60 days after hours-long talks at the Swiss resort of Burgenstock, mediators Qatar and Pakistan said on Monday, describing the progress as "encouraging."

It's 60-day ceasefire, not peace deal: Israeli expert

It's 60-day ceasefire, not peace deal: Israeli expert

Rediff.com15 Jun 2026

Sagiv Steinberg, CEO of the Jerusalem Center for Security and Foreign Affairs (JCFA), described the recent US-Iran peace agreement as a temporary 60-day ceasefire, not a genuine peace deal, suggesting it's timed for the upcoming US midterm elections.

'Maybe 21-22%': Iran's missile arsenal reduced to a fraction, claims Trump

'Maybe 21-22%': Iran's missile arsenal reduced to a fraction, claims Trump

Rediff.com6 Jun 2026

US President Donald Trump has claimed that Iran's missile capabilities have been severely degraded, saying Tehran now possesses only a fraction of the arsenal it had before recent hostilities.

Sensex, Nifty extend gains as US-Iran peace deal cools crude oil prices

Sensex, Nifty extend gains as US-Iran peace deal cools crude oil prices

Rediff.com17 Jun 2026

Indian benchmark indices, Sensex and Nifty, extended their winning streak for a fourth consecutive session, driven by a significant drop in crude oil prices following a peace deal between the US and Iran. This development has fuelled investor confidence and buying activity across the market.

Why Sea Chokepoints Have Become The New Battleground

Why Sea Chokepoints Have Become The New Battleground

Rediff.com2 Jun 2026

If Iran and Oman choose to charge a fee for rendering services to vessels using their territorial waters, so be it. The US is indulging in an irrationally self-destructive act, notes Ambassador M K Bhadrakumar.

Days after Trump trip, Putin to land in China on Tuesday for two-day visit

Days after Trump trip, Putin to land in China on Tuesday for two-day visit

Rediff.com18 May 2026

Russian President Vladimir Putin is set to visit China for talks with Chinese leader Xi Jinping, shortly after US President Donald Trump's visit to Beijing. The visit underscores the close strategic ties between China and Russia amid global tensions.

War with Iran ended, declares Trump; Tehran says 'nothing' finalised

War with Iran ended, declares Trump; Tehran says 'nothing' finalised

Rediff.com12 Jun 2026

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.

India Owes Iran $7 Billion!

India Owes Iran $7 Billion!

Rediff.com17 Jun 2026

Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.

Iran's Prez Pezeshkian reaches Pak for talks on US pact, regional security

Iran's Prez Pezeshkian reaches Pak for talks on US pact, regional security

Rediff.com5 days ago

Iranian President Masoud Pezeshkian is on a state visit to Pakistan to discuss the full implementation of an agreement signed between Iran and the US, alongside regional and international developments. The visit also aims to strengthen bilateral cooperation across various sectors, following recent high-level talks between the US and Iran in Switzerland regarding regional security.

US strikes Iran missile sites, boats amid nuclear deal talks

US strikes Iran missile sites, boats amid nuclear deal talks

Rediff.com26 May 2026

The US military carried out 'self-defence strikes' targeting Iranian missile launch sites and boats near the Strait of Hormuz, even as President Trump announced progress in ceasefire negotiations, stating Iran's enriched uranium will be 'turned over' or destroyed.

Body of Indian seafarer killed in US attack reaches home, family seeks compensation

Body of Indian seafarer killed in US attack reaches home, family seeks compensation

Rediff.com18 Jun 2026

The body of Shivanand Chaurasia, an Indian seafarer killed in a US military attack on a commercial vessel near the Oman coast, has reached his native village in Deoria. His family is demanding significant ex gratia compensation, a government job, and martyr status, refusing to perform last rites until their demands are addressed.

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Rediff.com13 May 2026

Iranian Deputy Foreign Minister Kazem Gharibabadi has urged India to take the lead in bringing peace to West Asia, highlighting the UAE's role in stalling BRICS consensus on the conflict. Gharibabadi also discussed a new framework with Oman for merchant vessels passing through the Strait of Hormuz.

Sensex, Nifty Surge Over 1% as Crude Oil Drops Below $100/Barrel on US-Iran Deal Hopes

Sensex, Nifty Surge Over 1% as Crude Oil Drops Below $100/Barrel on US-Iran Deal Hopes

Rediff.com25 May 2026

Indian benchmark equity indices, Sensex and Nifty, surged over 1 per cent, driven by a significant correction in crude oil prices and a global market rally, fueled by improving sentiment surrounding potential US-Iran negotiations.

US, Israel responsible for what's happening to India: Iran

US, Israel responsible for what's happening to India: Iran

Rediff.com11 May 2026

A top Iranian official has blamed the US and Israel for the disruption of global supply chains due to the West Asia conflict, stating that Tehran is not happy about the consequences faced by countries like India.

'Why Did US Shoot A Missile Killing Indians?'

'Why Did US Shoot A Missile Killing Indians?'

Rediff.com13 Jun 2026

'The US was well aware of the nationality of the seafarers on board the vessels. It was not hidden. The nationality of those aboard a merchant ship is known to all the ports.' 'So, why did US shoot a missile that resulted in the deaths of the Indian mariners?'

US confirms firing 2 Hellfire missiles at Indian vessel

US confirms firing 2 Hellfire missiles at Indian vessel

Rediff.com11 Jun 2026

The US Central Command (CENTCOM) confirmed striking the Guinea-Bissau-flagged oil tanker MT Jalveer, carrying 20 Indian seafarers, in the Gulf of Oman for allegedly violating the US blockade against Iran. This incident marks the third commercial vessel attacked by US forces in the region this week, with three Indian seafarers previously losing their lives in an attack on the MT Settebello.

Trump is not going to make a 'bad deal': Marco Rubio

Trump is not going to make a 'bad deal': Marco Rubio

Rediff.com25 May 2026

US Secretary of State Marco Rubio stated that significant progress has been made in negotiations with Iran to reopen the Strait of Hormuz, a critical global shipping lane. However, President Donald Trump remains cautious, vowing not to accept a 'bad deal' regarding Iran's nuclear programme and regional stability.

Modi condemns drone attack on UAE that injured Indians

Modi condemns drone attack on UAE that injured Indians

Rediff.com5 May 2026

Prime Minister Narendra Modi has strongly condemned the attacks on the United Arab Emirates' port city of Fujairah, which resulted in injuries to three Indian nationals, and reiterated India's support for peaceful resolution through dialogue.

No double standards in fight against terror: Ajit Doval

No double standards in fight against terror: Ajit Doval

Rediff.com29 May 2026

National Security Advisor Ajit Doval called for decisive action against terrorism and said there cannot be 'double standards' in the fight against it, while addressing an international security forum in Russia.

Why Smallcaps Are Winning The Market Battle

Why Smallcaps Are Winning The Market Battle

Rediff.com3 days ago

The remarkable rise of smallcaps reflects the emergence of a broad set of specialised businesses operating in industries where the sectoral tailwinds remain considerably stronger than macroeconomic headwinds, points out Debashis Basu.

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Rediff.com18 May 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.

'Iran is finished': Trump vows zero financial relief during 60-day talks

'Iran is finished': Trump vows zero financial relief during 60-day talks

Rediff.com20 Jun 2026

Following the signing of a 14-point Memorandum of Understanding (MoU) with Iran, US President Donald Trump reiterated the terms for a 60-day negotiation period, vowing that Tehran will receive "not ten cents" in financial relief.

Attack on Lebanon to violate peace deal: Iran warns Israel

Attack on Lebanon to violate peace deal: Iran warns Israel

Rediff.com16 Jun 2026

Iranian Foreign Minister Seyed Abbas Araghchi announced the official end of the war and warned that any Israeli attack on Lebanon would violate an agreement between Iran and the United States. He also stated that negotiations on nuclear issues and sanctions lifting would begin on Saturday, led by Iran's Parliamentary Speaker M B Ghalibaf and US Vice President J D Vance.

'Just look at him!' Trump gushes over Modi at G7 meet

'Just look at him!' Trump gushes over Modi at G7 meet

Rediff.com17 Jun 2026

US President Donald Trump lauded Prime Minister Narendra Modi's 'calm, cool, killer' persona at the G7 leaders' lunch in France, underscoring the deeply strategic relationship and formidable diplomatic skills of the Indian leader ahead of their crucial bilateral meeting.

'A little bit of movement' seen in Iran peace talks: Marco Rubio

'A little bit of movement' seen in Iran peace talks: Marco Rubio

Rediff.com22 May 2026

US Secretary of State Marco Rubio said that discussions aimed at halting the conflict with Iran have shown "some slight progress," while simultaneously echoing Washington's dissatisfaction with its NATO allies.

Kuwait Airport Attack Claims Indian Life, Regional Tensions Escalate

Kuwait Airport Attack Claims Indian Life, Regional Tensions Escalate

Rediff.com3 Jun 2026

An Indian national was killed and several others injured in a drone attack on Kuwait International Airport, leading to the suspension of air traffic and significant damage. This incident marks the tenth Indian fatality since hostilities between the US and Iran began in February, with other Indians also affected by regional conflicts in UAE, Saudi Arabia, and Oman.

Pakistan PM: US-Iran peace deal 'on verge of finalisation' within 24 hours

Pakistan PM: US-Iran peace deal 'on verge of finalisation' within 24 hours

Rediff.com13 Jun 2026

Pakistan Prime Minister Shehbaz Sharif announced that a US-Iran peace deal is on the verge of finalisation, potentially within the next 24 hours, marking a significant diplomatic breakthrough after months of intense negotiations.

Iran reopens majority of underground missile sites: Report

Iran reopens majority of underground missile sites: Report

Rediff.com1 Jun 2026

Iran has restored access to a significant portion of its underground missile infrastructure following months of excavation and repair work, highlighting the limits of US bombing strategy.

Israel defies US-Iran pact, refuses to withdraw from Lebanon

Israel defies US-Iran pact, refuses to withdraw from Lebanon

Rediff.com15 Jun 2026

Israel's Defence Minister Israel Katz declared that the Israeli military will not withdraw from its security zones in Lebanon, Syria, and Gaza, directly opposing the newly announced American-led diplomatic framework with Tehran. National Security Minister Itamar Ben-Gvir further asserted Israel's sovereignty, stating, "Trump's agreement does not bind us. Israel is not subject to the United States, and we are an independent and sovereign nation!"

US, Iran close to a 'very good deal', says Trump; signals tough action if...

US, Iran close to a 'very good deal', says Trump; signals tough action if...

Rediff.com1 Jun 2026

US President Donald Trump indicated that a peace deal with Iran is possible, but stressed that military action remains an option if talks fail. He emphasised the need for guarantees against nuclear weapons in any agreement.

'Peace has never been this close': Pak PM Shehbaz on US-Iran deal

'Peace has never been this close': Pak PM Shehbaz on US-Iran deal

Rediff.com13 Jun 2026

Pakistan Prime Minister Shehbaz Sharif on Friday said that the US and Iran have agreed on the text of a peace deal, kindling hope of a diplomatic breakthrough in the region.

EV Adoption Rises As West Asia Crisis Makes Fuel Costly

EV Adoption Rises As West Asia Crisis Makes Fuel Costly

Rediff.com9 Jun 2026

Fuel prices have risen by about Rs 7.5 per litre since May 15, as global crude oil prices surged due to the ongoing conflict in West Asia and supply concerns around the Strait of Hormuz.

Crude Oil Futures Climb Over 3%; Brent breaches $107

Crude Oil Futures Climb Over 3%; Brent breaches $107

Rediff.com12 May 2026

Crude oil prices surged over 3% in futures trade after US President Donald Trump expressed doubts about the Iran ceasefire, reigniting fears of supply disruptions from West Asia and pushing Brent crude above USD 107 per barrel.

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Rediff.com14 Jun 2026

Analysts predict that inflation data, the US Federal Reserve's interest rate decision, and crude oil price trends will be the primary factors influencing the movement of Indian stock markets. Geopolitical developments, particularly the US-Iran deal, and foreign investor activity will also play a crucial role.

US-Iran agreement nears finalisation: Report

US-Iran agreement nears finalisation: Report

Rediff.com21 May 2026

The United States and Iran could be set to announce an agreement soon to achieve a complete solution to the hostilities in West Asia, as reported by Saudi state media Al Arabiya on Wednesday, citing sources familiar with the ongoing negotiations.

'Clock is ticking': Trump warns Iran to move FAST or...

'Clock is ticking': Trump warns Iran to move FAST or...

Rediff.com18 May 2026

Donald Trump issued a fresh warning to Iran as negotiations remained deadlocked over uranium stockpiles, sanctions relief and war compensation. The US President's sharp remarks came just hours after Iranian media revealed Washington's core conditions for resuming negotiations.

Trump calls off Iran strikes hours after threat; cites breakthrough in talks

Trump calls off Iran strikes hours after threat; cites breakthrough in talks

Rediff.com12 Jun 2026

Hours after warning that the United States could strike Iran "very hard tonight", President Donald Trump announced to halt planned military action, despite earlier threats to target Kharg Island and other key Iranian oil facilities.