The shift comes as the gap between the international benchmark Brent and the Middle East price marker narrows
South African President Cyril Ramaphosa on Friday described BRICS as an important global forum, highlighting the grouping's growing demographic and economic weight and noting that its members account for around half of the world's population and 40 percent of global GDP.
The entry of other Arab countries in the mutual defence deal between Pakistan and Saudi Arabia is not ruled out, Defence Minister Khawaja Asif has said, adding that 'doors are not closed' for such developments.
'What we need to watch is how Saudi Arabia's financial assistance will be used by Pakistan. If the funds go to build their military hardware and operations, it should worry us.'
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.
There are only bad and worse options before him, points out Aakar Patel.
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.
The Gulf countries on Monday welcomed a peace deal reached between the US and Iran to end their conflict and called for protection of maritime routes and freedom of international navigation, including the uninterrupted flow of traffic through the Strait of Hormuz.
Bibiano Fernandes has announced the 23-member Indian squad for the AFC U-17 Asian Cup, set to begin in Jeddah, Saudi Arabia, on May 5. The team is currently in Doha for friendly matches before heading to Jeddah.
Indian stock markets rallied in early trade after US President Donald Trump announced a halt to planned military strikes on Iran, citing requests from Gulf leaders and ongoing "very big discussions" that could lead to a deal. This de-escalation, coupled with foreign fund inflows and gains in IT and Adani group stocks, contributed to the positive market sentiment. Track Sensex and Nifty on May 19, 2026.
Australian Grand Prix chief executive Travis Auld anticipates no impact on this weekend's Formula One season-opener at Melbourne's Albert Park from the travel issues caused by the conflict in the Middle East.
Ravichandran Ashwin praised Cabo Verde on X, urging fans to "Remember the name" after their spirited performances.
A 26-year-old Indian man working in Riyadh has reportedly been killed in a suspected missile attack, according to his family. They are seeking official confirmation and assistance from the Indian government to repatriate his body.
Qatar take on Switzerland in their World Cup opener on Saturday eager to shake off the pressure of expectation, coming in as back-to-back Asian champions with an urgent need to make amends for a dismal debut as hosts of the 2022 tournament.
Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.
The 2026 World Cup has witnessed an unusual number of own goals in its opening 10 days, with seven already recorded, making it the second-highest tally in tournament history. The United States has benefited from two such incidents. This trend is notable given the tournament's expansion and could surpass the 2018 record of 12 own goals. Several players from different nations have contributed to this statistic, highlighting a peculiar aspect of the early matches.
Former US President Donald Trump has issued a stern warning to Iran, stating that "nothing will get through" unless a deal or "total surrender" is achieved, amid escalating tensions and conflicting reports on direct negotiations.
A record eight players aged 40 or older have been selected to play at the tournament in Canada, Mexico and the United States - one more than at all the past 22 tournaments combined.
Saudi Arabia's Minister of State for Foreign Affairs Adel Aljubeir visited India on Thursday and held talks with External Affairs Minister S Jaishankar, focusing on de-escalating tensions between India and Pakistan. The visit comes as ties between India and Pakistan have further deteriorated following Indian military strikes on terror infrastructure in Pakistan. Iranian Foreign Minister Abbas Araghchi also arrived in New Delhi on a scheduled visit amidst the escalating tensions.
A new Pew Research survey reveals that a significant majority of Indians (54%) consider Pakistan their greatest geopolitical threat, while 43% of Pakistanis view India as theirs, highlighting deep-seated distrust between the two nations.
China emphasises proper handling of differences and a long-term perspective for bilateral ties ahead of President Xi Jinping's visit to India for the BRICS summit and talks with Prime Minister Narendra Modi. The visit aims to stabilise relations following the 2020 Ladakh standoff and strengthen BRICS cooperation.
India's athletics campaign at the Asian Games saw Sawan Barwal secure an unexpected silver in the marathon with a national record, while Tajinderpal Singh Toor also claimed silver in shot put. Prachi Chaudhary added a bronze in quarter-mile, bringing India's athletics medal tally to eight. The day also saw injuries to medal contenders Jyothi Yarraji and Praveen Chithravel.
Israeli Prime Minister Benjamin Netanyahu has lauded Indian pilot Smit Machchhar as a 'hero of the entire world' for his bravery in foiling an alleged co-pilot's attempt to crash a flydubai flight, and has extended an invitation to Machchhar and Prime Minister Narendra Modi to light a flame on Israeli Independence Day.
India will be up against UAE, Saudi Arabia and Iran in the group stages of AFC U-16 Championship as the draw for the event, which will act as a dress rehearsal for next year's FIFA U-17 World Cup, was held amid much fanfare in Panaji, Goa on Thursday. The tournament begins on September 15 and matches will be held at Fatorda and Bambolim Stadium in Goa. The final is slated to be played on October 2. The top two teams from each groups will qualify for the quarter-finals. In case India, who are in Group A, advance to the semi-finals, the winner of play-off 3 will also qualify for FIFA U-17 World Cup. Conducted by Shin Mangil, Director of Competitions, Asian Football Confederation, the ceremony was attended by Goa Chief Minister Laxmikant Parsekar, Secretary of All India Football Federation Kushal Das and U-17 World Cup Tournament Director Javier Ceppi among others. The 16 participating teams were divided into four groups.
Chinese President Xi Jinping's upcoming visit to India for the BRICS summit is a pivotal diplomatic event poised to significantly impact bilateral ties and global cooperation amidst ongoing international instability.
US President Donald Trump has lauded a newly announced peace deal between the United States and Iran, predicting it will bring "peace and security" to West Asia and facilitate the reopening of the strategically vital Strait of Hormuz.
India's U-23 men boxers showcased a strong performance at the Asian U-19 & U-23 Boxing Championships in Jakarta, with six athletes advancing to the semifinals. This achievement guarantees India at least six medals in the competition, highlighting the talent of young Indian pugilists on the international stage.
The Narcotics Control Bureau has busted an international drug syndicate involved in trafficking Captagon, seizing approximately 227.7 kg of the 'jihadi drug' worth Rs 182 crore.
Malaysia's Sepang circuit will host the rescheduled 'Gulf Air Bahrain Grand Prix in Malaysia' on October 4, Formula One announced, stepping in after the original April races in Bahrain and Saudi Arabia were cancelled due to the Iran war and Middle East situation.
Chinese President Xi Jinping is in New Delhi for the 18th BRICS Summit, where he is scheduled to hold bilateral talks with Prime Minister Narendra Modi. This visit, his first to India in nearly seven years, comes amidst efforts to normalise India-China relations following the 2020 Eastern Ladakh standoff and is expected to have significant implications for bilateral ties and BRICS cooperation.
The Army paid a solemn tribute to Fazal, who died on Thursday after a brief illness. They remembered him as a "valiant son of the soil" who stood shoulder to shoulder with troops during Operation Sarp Vinash, which successfully dismantled terrorists' operational hub in Hill Kaka.
Former world heavyweight champion Anthony Joshua survived a first-round knockdown to defeat Kristian Prenga by knockout, clearing the path for his highly anticipated fight against fellow Briton Tyson Fury. Joshua, fighting for the first time since a personal tragedy, showed resilience to secure the win after being floored twice in the opening round.
Since the outbreak of conflict in the Middle East, 16 Indian nationals, including 10 seafarers, have lost their lives, and 75 have been injured. Separately, 30 Indian nationals were among 52 individuals arrested and deported by US Border Patrol during 'Operation Checkmate' for allegedly being in the United States illegally.
Lashkar-e-Taiba terrorist Umer Harris, also known as 'Khargosh', is believed to be in Saudi Arabia after escaping India using a forged passport. An investigation into the inter-state LeT terror module has exposed systemic loopholes and raised concerns about passport issuance processes.
India is hosting the BRICS summit, leveraging the platform to address global trade tensions and champion the developmental priorities of the Global South, including food, energy, and supply chain security. The summit, attended by leaders like President Xi Jinping and Vladimir Putin, will focus on resilience, innovation, cooperation, and sustainability, with India aiming to strengthen intra-BRICS collaboration and discuss global matters. The expanded BRICS grouping represents a significant portion of the world's population and GDP, making its discussions crucial for global economic stability.
Qatar Airways operated a Doha-New Delhi flight on Monday on which more than 300 Indian passengers stranded in Doha travelled to India, the Embassy of India in Doha, Qatar, said on its X handle.
The complete schedule and all the results of FIFA World Cup 2026 in IST.
Foreign Ministers from Saudi Arabia, Egypt, and Turkiye convene in Pakistan for a summit aimed at de-escalating the ongoing conflict in West Asia, with Pakistan actively seeking to broker peace through dialogue and diplomacy.
Pakistan is hosting a quadrilateral summit of foreign ministers from Saudi Arabia, Egypt, and Turkiye to discuss the conflict in West Asia and explore avenues for peace. The summit includes discussions on regional developments and meetings with Prime Minister Shehbaz Sharif.
AFC relocates four postponed Asian Champions League Elite last-16 ties to Jeddah as single-leg matches amid Middle East tensions.