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.
A potential agreement between the United States and Iran, including a comprehensive ceasefire and gradual lifting of US sanctions, may be announced soon, according to reports. The agreement aims to de-escalate tensions and establish a framework for resolving disputes.
Iranian Foreign Minister Abbas Araghchi has urged Pakistan to use its diplomatic influence to help de-escalate the current regional situation and support efforts to maintain the ceasefire.
In a development that could reshape West Asia's security landscape, US President Donald Trump announced Friday that he will convene an emergency meeting in the White House Situation Room to make a final decision on a broad, multi-part peace deal with Iran.
Indian equity benchmark indices Sensex and Nifty declined in early trade, driven by persistent concerns over the unresolved US-Iran situation and continued outflows from foreign institutional investors.
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.
Iran's national soccer team will sleep in Mexico and travel to the US on the days of its three FIFA World Cup matches after Washington declined to host the squad for the tournament.
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.
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.
Iran's Revolutionary Guard Corps (IRGC) has claimed responsibility for strikes on an American base, alleging it was in response to earlier aerial attacks near Bandar Abbas Airport. The incident follows reports of confrontations between Iranian and US forces in the Strait of Hormuz.
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.
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.
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.
A media report suggests the US and Israel considered installing Mahmoud Ahmadinejad as Iran's president as part of regime change plans.
US President Donald Trump announced he halted planned military strikes on Iran following requests from Qatar, Saudi Arabia, and the UAE, citing ongoing discussions that could lead to a deal.
US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu had a tense phone call over the future course of the war on Iran, with Washington favouring a deal instead of resuming strikes, according to US media reports.
Pakistan's Interior Minister Mohsin Naqvi has been in Tehran meeting with Iranian officials in an attempt to mediate and resolve the ongoing conflict between the US and Iran. This marks Naqvi's second visit in less than a week as Pakistan seeks to bridge the differences between the two nations and establish long-term stability in the region.
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.
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.
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.
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.
A Liquefied Natural Gas (LNG) carrier, chartered by an Indian firm, safely transited through the Strait of Hormuz -- the first Indian LNG tanker to cross the war-hit narrow shipping lane since the war in West Asia broke out more than three and a half months back.
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.
US President Donald Trump is reportedly considering military action against Iran due to stalled negotiations and Tehran's approach to its nuclear issue, according to CNN sources. Divisions within the Trump administration have emerged over the next course of action, with some officials advocating for a more aggressive approach through targeted military strikes.
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.
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 has rejected Iran's proposal to end the ongoing war, deeming it 'totally unacceptable'. This decision comes amid efforts to negotiate an end to hostilities that began on February 28 and have disrupted global oil supplies.
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.
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.
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.
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's national soccer team attended visa appointments in Ankara, Turkey, applying for Canadian visas and some players also submitting applications for US entry ahead of the 2026 FIFA World Cup, which will be co-hosted by the United States, Canada and Mexico.
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.
The Indian equity market is set for an event-heavy week, with analysts pointing to the Reserve Bank of India's (RBI) interest rate decision, developments in the US-Iran situation, and crude oil prices as the primary determinants of market trends.
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.
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.
Indian stock markets are set to be influenced by developments in US-Iran negotiations, crude oil prices, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.
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.
A Congressional Research Service report reveals that at least 42 US aircraft were lost or damaged during Operation Epic Fury, targeting Iran, with costs estimated to reach USD 29 billion.
