The Islamic Revolutionary Guard Corps (IRGC) has declared the commencement of its 27th offensive under Operation True Promise 4, targeting American and Israeli positions in response to what it termed a new wave of 'unprovoked US-Israeli aggression against the Islamic Republic', Iranian state broadcaster Press TV reported.
Is the current rally telegraphing a durable peace plan in West Asia, boosted by United States (US) President Donald Trump's incoherent and contradictory posts on social media?
The United States has clarified that its naval blockade in West Asia targets Iranian ports and coastline, not the Strait of Hormuz, applying to all ships regardless of nationality. US officials warned Iran against threatening commercial ships and hinted at ceasefire negotiations as an alternative.
United States President Donald Trump boards Air Force One for his return home following diplomatic engagements in Beijing.
Indian equity markets experienced a significant decline in early trade, with the BSE Sensex and NSE Nifty dropping, as escalating geopolitical tensions in West Asia and a surge in global oil prices dampened investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 8, 2026.
A vessel carrying 20,000 metric tonnes of Liquefied Petroleum Gas (LPG) arrived at Deendayal Port Authority in Kandla, Gujarat, after crossing the Strait of Hormuz amid the West Asia crisis.
Government officials are reportedly apprehensive that the 30,000 to 40,000 US troops currently deployed within the region could serve as the primary target of the Islamic Republic in the event of an all-out war.
Indian equities on Dalal Street saw volatility as global market trends and oil price hike impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Apr 23, 2026.
The U.S. Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing a high-profile securities and wire fraud case in New York to a close after prosecutors concluded they could not sustain the allegations.
Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.
Trump further reiterated his claim that he ended 'eight wars in 10 months', and said the Russia-Ukraine conflict was the toughest of all.
A new report suggests that prolonged conflict in the Middle East could significantly impact India's GDP growth and inflation.
Indian equity markets, including the Sensex and Nifty, experienced a significant downturn for the second consecutive day, driven by escalating geopolitical tensions in West Asia and persistent foreign fund outflows.
Spokesperson of the Ministry of Foreign Affairs of China, Lin Jian, said on Wednesday that China supports Iran in maintaining its stability, adding that Beijing has always opposed the interference in other countries' internal affairs and the use of force in international relations.
Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.
The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.
India summoned the Iranian envoy after two Indian vessels had to reverse course in the Strait of Hormuz following an incident of firing by Iran's Revolutionary Guards.
India's U-17 girls boxers began their campaign at the Asian Boxing U17 Championships 2026 with five victories. In the boys' category, Neela Narendra Kumar also won his bout.
India's exports recorded a 13.78 per cent increase to USD 43.56 billion in April, marking the highest monthly outbound shipments in over four years, primarily driven by petroleum products. However, the trade deficit widened to a three-month high of USD 28.38 billion due to a 10 per cent rise in imports.
The Indian rupee depreciated 16 paise to settle at a fresh lifetime low of 96.86 against the US dollar, marking its ninth consecutive session of decline, driven by elevated global crude prices and a strong dollar.
Analysts predict India will face oil price volatility and macroeconomic effects due to the escalating Iran crisis, though the country's oil supply chain is not yet structurally insecure.
The United States has announced it will not renew sanctions exemptions for the purchase of Russian and Iranian oil, ending a 30-day waiver that allowed some countries, including India, to continue importing Russian oil despite sanctions related to the Ukraine war.
United States President Donald Trump has welcomed the declaration from Tehran regarding the restoration of maritime access through the Strait of Hormuz.
Iran has rejected United States allegations that it is preparing attacks on American facilities, alleging that Washington, DC is attempting to escalate tensions in West Asia, Iranian state broadcaster Press TV reported.
Occasionally, the silence of the night shift would be shattered by an ear-splitting alarm: 'ALERT, ALERT... This is a security warning.' We were drilled to move away from the windows and avoid the lifts, recalls Krishna Kumar NP, a veteran Dubai-based journalist.
US-Iran talks in Islamabad collapsed after 21 hours, exposing deep divisions over nuclear ambitions and sanctions.
Qatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupting supplies to India and squeezing feedstock availability for key domestic sectors.
Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.
According to a report in the New York Times, United States President Donald Trump has been briefed in recent days on a range of military options targeting Iran.
US President Donald Trump has claimed that China has committed to halting weapon supplies to Iran, following his personal diplomatic interventions with Chinese President Xi Jinping.
US President Donald Trump and Chinese President Xi Jinping began a crucial two-day summit in Beijing on Thursday, with both leaders signalling a desire to stabilise relations between the world's two biggest economies despite deep disagreements on trade, Taiwan, technology and security issues.
India has strongly advised its nationals to avoid travelling to Iran due to the deteriorating security situation and widespread anti-government protests.
'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'
Earlier in the day, the ministry of external affairs "strongly advised" Indians to avoid travel to Iran until further notice, amid rising tensions and protests in the Islamic Republic.
An Iranian tanker successfully bypassed the US Navy to deliver crude oil to the Asia-Pacific region, despite ongoing tensions and a US blockade.
Donald Trump has escalated his public feud with Pope Leo XIV, criticising the Pontiff's stance on Iran's nuclear ambitions and domestic issues, while the Pope maintains his focus on spiritual advocacy and global peace.
Indian stock markets are set to be influenced by ongoing developments in the US-Iran conflict, fluctuations in crude oil prices, and the latest quarterly earnings reports from major corporates, with foreign investor activity also playing a crucial role.
The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.
Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.
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.