The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.
Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.
Sri Lanka is deliberating appropriate action after a second Iranian ship sought entry to its territorial waters, following an attack on an Iranian frigate near the island nation. The government is focused on safeguarding lives and regional peace.
Dubai's core promise -- that it is an oasis untouched by regional storms -- has been tested in full public view. The coming months will show whether investors view the attacks as a short-lived disruption or a deeper signal of lasting risk, points out Asif Ullah Khan.
The England women's cricket team was forced to shift its T20 World Cup preparatory camp to South Africa after it had to call off its plans to travel to Abu Dhabi due to security concerns owing to the ongoing conflict in the region, involving United States, Israel and Iran.
'India should understand that we are not going to make the same mistakes with India that we made with China 20 years ago.'
In Operation Sindoor, Pakistan had deployed additional squadrons of the Chinese-origin HQ-9 air defence systems, which could not do much against the Indian aircraft when they brought down multiple terror targets inside Pakistan.
India possesses approximately 100 million barrels of commercial crude oil stocks, capable of covering 40-45 days of its requirements if flows through the Strait of Hormuz are disrupted, according to Kpler.
US Energy Secretary Chris Wright said that long-term oil supplies are 'abundant' and there are no worries regarding that, but in the short term, there is a need to get oil on the market.
Indian eateries are adapting to the LPG crisis by cutting menus, increasing prices, and switching to alternative fuels like coal, as LPG supplies are disrupted due to global events. State authorities are cracking down on hoarding and black marketing of LPG cylinders.
In the present hyper-connected world, there are many domestic and global factors that affect financial markets. Of them, the most powerful and often least predictable are geopolitical events, which often boil down to one diplomatic headline.
New Zealand captain Mitchell Santner says the T20 World Cup final against India is 'not just another game' as the Black Caps aim to seize key moments and lift the title.
Zimbabwe's departure from the T20 World Cup is on hold after Dubai airport closure amid escalating Middle East tensions.
United States President Donald Trump on Monday floated the proposal of imposing 200% tariff on French wine and champagne after French President Emmanuel Macron's reported refusal to sit on the so-called Board of Peace, an initiative created by Trump to mediate global conflict, EuroNews reported.
India and Israel have elevated their relationship to a special strategic partnership, focusing on enhanced cooperation in trade, technology, and defense, while also addressing regional peace initiatives.
Prime Minister Narendra Modi on Sunday conveyed to Iranian President Masoud Pezeshkian India's 'deep concern' over Iran's conflict with Israel and called for immediate de-escalation of the situation through 'dialogue and diplomacy'.
'Torpedoes travel at more than 100 kilometres per hour, about 50-60 knots.' 'It must have been a matter of a few minutes before it detonated under the Iranian ship.' 'The Iranian ship would have probably got three, four minutes and wouldn't have known till they actually heard the whirr of the torpedo.'
'Nobody explained why. After that there was panic buying, there was hoarding -- and then nothing reached us.'
IndiGo is adjusting its long-haul flight schedule, including suspending services to Copenhagen, due to airspace uncertainties and airport congestion. The airline will also reduce flights to London and Manchester.
Aseem Chhabra lists his top 10 films from this year's Sundance festival, a blend of narratives and documentaries made in the US and other parts of the world.
The Indian mission in Iran has advised its citizens to carefully consider the evolving security situation before undertaking non-essential travel to the country, citing recent regional developments and conflicts.
At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.
'If this region destabilises, then we are not far away. This region should not destabilise.'
165 Indian nationals were evacuated from Israel by the Indian Air Force under Operation Sindhu in an effort to get citizens back home safe amid the Israel-Iran conflict.
Silver prices rallied sharply by Rs 15,000 to hit a lifetime high of Rs 265,000 per kg in the national capital on Monday, and gold advanced to a fresh record of Rs 144,600 per 10 grams, mirroring strong gains in the global markets.
Former President Donald Trump claims the United States has become the 'real United Nations' due to its role in resolving global conflicts, criticizing the UN's lack of involvement. He cites brokering a ceasefire between Thailand and Cambodia as an example.
Another special flight carrying 296 Indian nationals and four Nepalese nationals stranded in conflict-hit Iran landed safely in New Delhi on Wednesday, taking the total number of people evacuated under Operation Sindhu to 3,154.
Trump has a major decision to take in coming days -- specifically, how to rescue Israel from the attritional war that lies ahead, points out Ambassador M K Bhadrakumar.
US President Donald Trump on Saturday (local time) said that the United States has launched an attack on three Nuclear sites in Iran.
Iran on Monday launched multiple missiles at US military installations in Qatar and Iraq, including the Al Udeid Air Base in Qatar -- the largest US military base in the region.
A White House official claims Donald Trump ended several conflicts, including the one between India and Pakistan, and deserves the Nobel Peace Prize. This claim is disputed by India.
The aircraft, part of the US air force's 509th Bomb Wing, reportedly dropped 14 massive 30,000-pound bunker-buster bombs on two major underground uranium enrichment sites in Iran as part of Operation Midnight Hammer.
Meanwhile, Trump said Cambodia and Thailand have started fighting again and "tomorrow", he will make a phone call to those countries.
Asked about the expectations from the US, Azar said Washington and Israel are "completely in sync". He said he felt that the US would "support" Israel's action.
Over the weekend, one senior US official told CNN, the Israelis had an opportunity to kill Iran's supreme leader.
Trump said the prime minister of Pakistan, who visited him in Washington last year, said that "'President Trump saved 10 million people, and maybe much more than that'. They're both nuclear countries."
In a post on Truth Social, Trump described the operation as a historic moment for the US, Israel and the world, while urging Iran to agree to end the ongoing conflict.
United States President Donald Trump has stated that Iran will 'never be able to rebuild' its nuclear facilities following recent American airstrikes carried out under 'Operation Midnight Hammer' over the weekend while claiming that the sites were now 'under rock', referring to Iran's nuclear facilities at Fordow, Natanz, and Esfahan.
The Iran-Israel conflict has further increased global economic uncertainties, impacting world trade, including India's exports, as it is expected to drive up both air and sea freight rates, exporters say. They said that India's exports to Europe and counters like Russia may get impacted due to this war.
The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional terrorist proxies and procure weapons systems that are a direct threat to the US.
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