The US has seized an oil tanker, 'Skywave', linked to Iran in the Indian Ocean, as part of efforts to disrupt Iran's oil shipments and enforce sanctions. The vessel was part of a network transporting sanctioned Iranian crude oil, with the seizure occurring amid heightened tensions between Washington and Tehran.
As tensions in the Middle East approach a critical juncture, reports have surfaced regarding a draft memorandum of understanding between the United States and Iran aimed at de-escalating the ongoing conflict, Iranian state media reported on Wednesday.
FIFA Secretary-General Mattias Grafstrom expressed confidence in Iran's participation in the upcoming World Cup after a meeting with Iran's FA President Mehdi Taj, despite concerns over visa issues and political tensions.
The IRGC is the most powerful branch of Iran's armed forces and operates independently of the country's regular military, answering directly to Supreme Leader Ali Khamenei.
Indian benchmark indices, Sensex and Nifty, continued their downward trend for the fifth consecutive day, with the Sensex dropping 281 points and Nifty falling 78 points, primarily driven by surging crude oil prices and persistent geopolitical tensions in West Asia.
US President Donald Trump's proposed peace deal with Iran has drawn significant criticism from both Republican and Democrat senators, who express deep concerns that it would legitimise Tehran as a 'dominant force' and potentially allow it to retain control over the Strait of Hormuz and uranium enrichment capabilities.
United States Central Command (CENTCOM) forces have conducted a 'heavy wave of strikes' against numerous Islamic Revolutionary Guard Corps (IRGC) targets in Iran. This action was a direct response to attempted Iranian missile strikes on US forces in West Asia, which were successfully intercepted. The strikes targeted IRGC military command centres, missile and drone facilities, coastal surveillance, and maritime capabilities, aiming to reduce threats posed by Iran and its proxies. US President Donald Trump also issued strong warnings to Tehran, linking the escalation to a recent drone strike on an LNG vessel in Egypt's Damietta Port.
Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.
Trump's comment marks a shift in his repeated statements that Iran hand over its enriched uranium to the US as a sticking point of any potential deal.
Donald Trump announced a landmark agreement with Venezuela, claiming it to be the 'biggest oil deal in world history'. The deal reportedly grants the US majority control over more than 65 billion barrels of Venezuela's proven crude oil reserves, aiming to double American oil reserves and lower domestic gasoline prices.
Indian benchmark equity indices, the Sensex and Nifty, bounced back significantly, with the Sensex climbing 628 points and the Nifty snapping its seven-day losing streak, driven by easing global bond yields and fresh foreign fund inflows.
Dozens of US planes carrying ammunition landed in Tel Aviv, raising concerns about potential strikes on Iran. Negotiations between the US and Iran remain deadlocked over key issues, with both sides issuing fresh demands and warnings.
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.
Indian football team head coach Khalid Jamil has strongly defended his decision to drop several established players for upcoming high-profile friendlies against Brazil, Uruguay, and Panama. Jamil stated that selections were based purely on merit and performance, part of a long-term strategy to build a team for the 2027 Asian Cup qualification. He also praised former captain Sunil Chhetri but ruled out his return.
India has been drawn into Group E of the AFC U-17 Men's Asian Cup Qualifiers, alongside hosts Malaysia, Palestine, Singapore, and Guam. The qualifiers will take place in Malaysia from November 11 to 20, with India aiming for their 11th appearance in the main tournament, scheduled for Uzbekistan in 2027.
FIFA Secretary-General Mattias Grafstrom will meet Iranian FA officials in Istanbul to offer reassurance over Iran's participation in the World Cup, amidst concerns raised by recent geopolitical tensions and visa issues.
Indian benchmark indices, Sensex and Nifty, recovered intraday losses to close higher, driven by late-day buying and a significant decline in Brent crude oil prices, which fell 3 per cent to USD 89.32 per barrel.
The Reserve Bank of India's Financial Stability Report indicates that the interim peace deal between the US and Iran has favourably shifted the balance of risks, reducing headwinds from the West Asia conflict. However, it cautions that exchange rate volatility could increase if crude oil prices spike due to delayed normalisation of supply chain disruptions.
US President Donald Trump on Monday doubled down on his hardline stance against Tehran while dismissing mainstream media narratives regarding his foreign policy motivations.
Iran has warned of consequences for any collusion between the United Arab Emirates and Israel, following reports of a secret meeting between Israeli Prime Minister Benjamin Netanyahu and UAE President Mohamed bin Zayed Al Nahyan during Operation Roaring Lion.
Indian equity benchmark indices Sensex and Nifty closed lower on Thursday, driven by escalating tensions between the US and Iran, persistent foreign fund outflows, and concerns over rising US inflation.
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.
US President Donald Trump revealed he was on the verge of ordering attacks on Iran but postponed the decision after receiving calls from Qatar and the UAE, citing progress in peace talks.
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.
India has highlighted 13 key outcomes from the recent Shanghai Cooperation Organisation (SCO) summit, focusing on enhanced cooperation in security, counter-terrorism, and addressing transnational threats. These outcomes include the establishment of a Universal Centre for Countering Challenges and Threats to Security, a strong stance against state-sponsored terrorism, and agreements on narcotics control, climate change, and artificial intelligence, reinforcing India's engagement in the Eurasian region.
Pakistan, Turkiye, and Saudi Arabia have signed a trilateral defence pact, agreeing to treat an attack on one as an attack on all. Analysts suggest this alliance could significantly diminish the United States' strategic influence in West Asia and elevate Pakistan's geopolitical standing, potentially acting as a deterrent in regional conflicts.
The US Central Command announced a new wave of strikes against Iranian military infrastructure, aiming to degrade Tehran's ability to threaten civilian mariners and commercial vessels. This comes as US President Donald Trump described the situation as a 'skirmish' and suggested Iran wants to 'make a deal,' while Iran's Foreign Minister warned of a 'decisive response' to any aggression.
A recently finalised peace deal between the US and Iran, set to be signed on June 19, is expected to significantly benefit India's economy by boosting exports to West Asia, stabilising the rupee, and easing inflationary pressures, according to exporters and experts.
Trump has made it clear: the US will not lift its blockade of Iranian ports until a deal is signed.
'India was the emirate's largest international source market by hotel guest volume.'
Prime Minister Narendra Modi urged US President Donald Trump to prioritise the safety of Indian seafarers in the Strait of Hormuz during the implementation of Washington's proposed Iran peace deal, as both leaders focused on repairing strained bilateral relations at the G7 summit.
Dropped Iran striker Sardar Azmoun has posted a heartfelt message on social media proclaiming his love for his country and wishing the World Cup squad well at the tournament without him.
Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.
Donald Trump has strongly refuted claims of a munitions shortage and denied any confrontation with Defence Secretary Pete Hegseth, labelling the reports as "fake news" and asserting the nation's robust military production capabilities.
The United States and Iran are engaged in indirect talks aimed at developing a framework for a possible agreement, according to Iran's ISNA News Agency. Intensive mediation efforts are underway, but it remains uncertain whether a final agreement is within reach.
Iran hosted a large send-off rally for its World Cup team in Tehran, despite ongoing concerns about visa issues for entry into the United States, where the team is scheduled to play its group matches.
If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.
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.
Indian stock market benchmark indices, Sensex and Nifty, experienced declines in early trade due to escalating tensions between the US and Iran, which led to a surge in crude oil prices and weak global equity trends.
In a significant diplomatic development, US and Iranian negotiators have reportedly reached a tentative 60-day memorandum of understanding (MoU) aimed at extending a fragile ceasefire and paving the way for formal talks regarding Iran's nuclear programme.
