Gold futures experienced their seventh consecutive daily decline, falling to Rs 1.5 lakh per 10 grams, driven by escalating military exchanges between the US and Iran which have pushed oil prices higher and intensified concerns over inflation and potential interest rate hikes.
The United States launched military action against two Iranian launch systems on Larak Island, prompting Iran to claim retaliation with ballistic missile launches targeting two US air bases in Jordan.
US President Donald Trump has expressed interest to his advisers in setting up a meeting with Iranian officials present in New York for the UN General Assembly's 81st session, "if the conditions are right."
United States President Donald Trump warned Iran of potential strikes on its infrastructure, including bridges and electric power plants, saying the US military 'hasn't even started destroying what's left in Iran'.
UK counter-terror police are leading an investigation after five men were arrested near RAF Fairford on suspicion of terror offences and under the Explosives Act, following a call about three suspicious vehicles. The incident prompted a major response, including the Army's Explosive Ordinance Disposal unit and the evacuation of 85 households.
US President Donald Trump on Tuesday said that Washington has launched a fresh wave of strikes against Iranian targets near the Strait of Hormuz. They come after what Trump claimed was in retaliation for Iran attempting to add sea mines to the Strait.
On Saturday, February 28, the United States and Israel launched coordinated military strikes on Iran marking a significant escalation in Middle East tensions.
Iran's Islamic Revolutionary Guard Corps (IRGC) on Saturday (local time) announced the closure of the Strait of Hormuz "until further notice," stating that the strategic waterway would remain shut until the United States ends its "interference" in the West Asia region, Press TV reported.
US President Donald Trump on Friday (local time) said the United States could "hit" Iran's heavily fortified underground nuclear site known as Pickaxe Mountain "very soon", days after Washington targeted Iranian military targets.
Iran's Islamic Revolutionary Guard Corps (IRGC) claims to have captured a US unmanned submersible near the Strait of Hormuz and launched ballistic missile strikes against a US airbase in Jordan and two US Navy destroyers. These actions are stated as retaliation for recent US attacks on Iranian oil tankers. The US Central Command (CENTCOM) had previously reported destroying Iranian crude oil carriers after IRGC missile attacks on US warships. The escalating tensions have led to regional air defence activations and warnings to tanker crews.
Satellite imagery and expert analysis suggest that a deadly explosion at a school in southern Iran last week was likely caused by a United States airstrike that also targeted a nearby compound linked to the Islamic Revolutionary Guard Corps (IRGC), according to media reports.
Zolqadr's appointment comes through a presidential decree, endorsed by Supreme Leader Mojtaba Khamenei.
The United States Central Command announced strikes against Iranian military targets, including air defence and communication sites, in retaliation for alleged attacks on commercial shipping and US personnel. However, Iran's Foreign Ministry claims these strikes caused over 50 civilian casualties at a wedding and vowed a firm response. Iran's state media also reported retaliatory ballistic missile and drone attacks on US bases in Jordan and Bahrain, claims which were partially corroborated by Kuwait and Jordan reporting intercepted drones and missiles.
Iran will play their final World Cup warm-up behind closed doors in Turkey on Thursday before departing for their tournament base in Mexico on Saturday.
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.
The IRGC had announced earlier that it was carrying out an intense wave of attacks on US and Israeli positons throughout the region since dawn, using missiles as well as drones.
Crude oil prices reached a new record high in futures trade, both domestically and internationally, as escalating military tensions between the US and Iran in West Asia continue to fuel market volatility. Diplomatic efforts concerning the Strait of Hormuz are being closely watched for potential price stabilisation.
Five British nationals arrested on suspicion of terror charges related to an explosives threat near RAF Fairford have been released on police bail. The Counter Terrorism Policing (CTP) investigation is ongoing, with stringent conditions placed on the suspects. Iran has denied any involvement, while former US President Donald Trump claimed US intelligence assisted in the arrests.
Iran threatened to halt its matches at the World Cup if unauthorised flags are displayed or slogans targeting the national team are chanted at stadiums, Iranian media reported, citing Sports Minister Ahmad Donyamali, following criticism of the team's presence at the tournament.
Iran striker Sardar Azmoun has been left out of the squad for World Cup warm-ups amid reports of expulsion over alleged disloyalty, sparking controversy.
The United States Special Forces have rescued the second F-15 crew member alive, who went missing after Iran downed the jet amid the West Asia conflict, President Donald Trump has confirmed.
United States President Donald John Trump signs the funding bill to end the US government shutdown at the White House, November 12, 2025
Iran's Islamic Revolutionary Guard Corps (IRGC) on Thursday claimed it had struck the US Al-Azraq air base in northern Jordan with 10 ballistic missiles on what it described as an "enemy command and control centre in West Asia" in retaliatory strikes in response to a recent attack on Tehran by Washington.
Protests on multiple fronts disrupted the atmosphere outside the FIFA Congress in Vancouver on Thursday, as demonstrators raised sharply different concerns over global politics and local issues.
The report said ships must submit full documentation, obtain clearance codes and accept IRGC-escorted passage through a designated corridor.
The United States has launched a fresh wave of precision strikes, hitting approximately 90 Iranian military targets deep inside Iran, further intensifying a rapidly expanding regional conflict, with Tehran warning of severe retaliation.
India has condemned an attack on a Cyprus-flagged commercial vessel off the coast of Oman, which resulted in one Indian crew member going missing. The incident occurred amidst escalating hostilities between Iran and the US in West Asia, prompting India to call for immediate de-escalation and an end to targeting commercial shipping in the region.
US President Donald Trump announced the 'reinstatement' of an 'Iranian Blockade' in the Strait of Hormuz, stating the US would charge a 20 per cent levy on transiting cargo for providing security, while Iran warned against any US interference, reaffirming its authority over the critical waterway.
According to Hezbollah, it fired a swarm of drones at radar sites and control rooms at the base on Tuesday, describing the move as retaliation for Israeli strikes.
Falling debris from an intercepted Iranian drone caused a 'limited fire' at Saudi Aramco's Ras Tanura refining facility in Saudi Arabia, Saudi Defence Ministry spokesperson Turki Al-Maliki said, according to Al Arabiya.
US President Donald Trump and Pakistan Prime Minister Shehbaz Sharif have announced a landmark peace deal between the US and Iran, which includes the crucial reopening of the strategically important Strait of Hormuz and the immediate cessation of military operations in Lebanon.
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.
Iran's Islamic Revolutionary Guard Corps (IRGC) claims control of the Strait of Hormuz and reports striking a US destroyer, escalating tensions in the Middle East following retaliatory strikes between Iran, the US, and Israel.
The latest development comes as diplomatic efforts between Washington and Tehran continue despite renewed hostilities. CNN reported that US and Iranian officials are still working towards a nuclear agreement by mid-August, even as preparations for possible military action have continued in parallel.
The deployment could include infantry and armoured units, in addition to the 82nd Airborne Division, which is already stationed in the region.
Supreme Leader Mojtaba Khamenei has reshuffled Iran's political and national-security establishment, appointing former SNSC Secretary Mohammad Bagher Zolghadr as his political adviser and veteran IRGC commander Mohsen Rezaei as his representative on the Supreme National Security Council, consolidating power amid the West Asia crisis and Strait of Hormuz tensions.
The Israel Defence Forces (IDF) have conducted a massive military operation targeting more than 200 infrastructure sites within Iran and an additional 140 Hezbollah assets across Lebanon.
The Indian Embassy, while sharing details of their release, thanked the Iranian authorities for their close coordination with the Embassy and Indian Consulate in Bandar Abbas.
Iranian Foreign Minister Abbas Araghchi has revealed the intense psychological pressure faced by Tehran's diplomatic delegation during peace negotiations with the United States, recalling a direct exchange with US President Donald Trump's Middle East envoy, Steve Witkoff, where he questioned the envoy about the constant military threats.
The Iranian military on Thursday issued a strongly worded response to remarks made by United States President Donald Trump, warning that the ongoing conflict will persist until Washington, DC faces what it described as 'permanent humiliation, regret, and surrender', as reported by Iranian state media Press TV.
