Brent crude oil prices can touch $150 a barrel (bbl) - up a whopping 103 per cent from the current levels - in the worst-case scenario if the Israel-Iran geopolitical tensions escalate, suggest analysts.
Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed.
As China's Foreign Minister Sun Weidong visited Pakistan on a mediation mission, a statement from Foreign Ministry on Monday said it is maintaining close contacts with Pakistan and Iran to 'bridge their differences'.
The US government, under President Trump, justifies the intervention as a security necessity rather than a resource grab. The primary official reasons include: narco-terrorism charges, national security and migration crisis.
The ministry of external affairs said in a statement that the Indian embassy remains in touch with the community with a view to extend all feasible assistance.
China has made serious inroads into Latin America, which the US may now be hinting is simply not ok: Stay in your lane, Xi! In simple terms, China will no longer have access to Venezuelan oil, points out Rajeev Srinivasan.
IMAGES from the UEFA Champions League matches played on Tuesday
The announcement came after Hamas consulted with other Palestinian factions. It precedes a planned visit by Israeli Prime Minister Benjamin Netanyahu to Washington, where U.S. President Donald Trump is pushing for an end to the war, now in its 21st month, Al Jazeera reported.
Khamenei, who has the last word on all state matters and is also the commander in chief of the armed forces, instructed military commanders from the Revolutionary Guards and the army to prepare plans for both an attack and a defence in case the war expands and Israel or the US strike Iran, the officials said.
A day after Israel claimed that Hamas had violated the ceasefire agreement in Gaza, United States President Donald Trump on Monday (local time) issued a stark warning to the militant group, saying it would face 'eradication' if it violated a truce in the region.
Reiterating that "Iran must not acquire nuclear capability," Mullen after his arrival in Israel on Sunday said that if a regional confrontation were to break out following a strike on Tehran, it 'will be a big, big, big problem for all of us, and I worry a great deal about the unintended consequences of a strike'.
The United States on Thursday (local time) evaded a question on whether Pakistan held prior consultations with Washington, DC before conducting retaliatory air strikes on Iran.
The Congress party has criticized Prime Minister Narendra Modi following repeated claims by former US President Donald Trump that he brokered peace between India and Pakistan.
Pakistan military Thursday said it used multiple weapons, including killer drones, to carry out effective strikes against hideouts inside Iran used by militants of two leading Baloch terrorist groups responsible for recent attacks in the country.
Israel launched missile strikes against Tehran during early hours on Friday (local time), ABC News reported citing a senior United States official.
Indian football remained in a state of terminal decline after experiencing arguably its darkest phase in a year marked by severe administrative crisis, court hearings, financial issues, absence of domestic leagues, and a steep decline in performance of the senior men's team.
The IDF noted that the strikes are being conducted in response to "relentless attacks" from Iran and its proxies since October 7, adding that Israel has the "right and the duty to respond."
The development comes amidst officials of the foreign ministries from the two sides exchanged goodwill messages.
As tensions escalated between India and Pakistan following the deadly Pahalgam terror attack, Iran reached out to both countries, urging de-escalation. Saudi Arabia also expressed concern, with its foreign minister engaging in phone conversations with his Indian and Pakistani counterparts. Iran's foreign minister, Seyed Abbas Araghchi, emphasized the importance of bilateral relations, stating Tehran's willingness to "forge greater understanding" at this critical time. Saudi Arabia's foreign minister, Faisal bin Farhan Al Saud, spoke with both India's External Affairs Minister S Jaishankar and Pakistan's Foreign Minister Mohammad Ishaq Dar. Amidst heightened tensions, India has taken a series of punitive measures against Pakistan, including suspending the Indus Waters Treaty and downgrading diplomatic ties. Pakistan responded by shutting its airspace to Indian airliners and suspending all trade. Both countries exchanged warnings, with Pakistan emphasizing its commitment to "respond firmly to any aggression."
Luckily for us, a Russia that is desperate to stay relevant in an emerging multipolar world finds in India a reliable geostrategic partner. The Russian proximity to India also keeps China from exploiting its economic dominance vis a vis Russia, points out Colonel Anil A Athale (retd).
With the Middle East tensions flaring up, Air India has temporarily suspended its Tel Aviv flights and airlines have charted alternative flight paths to avoid the Iranian airspace.
The stage may be set for a recalibrated US-Iran relationship, suggests Ambassador M K Bhadrakumar.
Trump couldn't care less anymore about the Israeli demand for Iran's 'de-nuclearisation' and 'de-militarisation.' Trump pins hopes on a grand bargain with Iran as a partner in America First, argues Ambassador M K Bhadrakumar.
The foreign ministry's statement came amidst the reported visit of Foreign Minister Sun Weidong to Pakistan on a mediation mission.
"Israel will, from now on, act against Hamas with increasing military strength," Netanyahu's office said.
State news agency IRNA said that Iran has successfully shot down 'adversial targets' in the airspace around Tehran province. Iranian state television noted hearing six loud sounds resembling explosions in parts of the capital, with the source of the noises currently unverified.
US President Donald Trump has claimed that India and Pakistan "made peace" in May after he threatened to snap trade deals with them if they continued their military conflict.
As the Iran-Israel conflict takes dangerous dimensions, support for Tehran comes from next door as Iraqi Shi'ite Muslims protest Jerusalem's attacks in Baghdad.
Japan, South Korea, Australia, Iran, Uzbekistan and Jordan have already taken six of Asia's eight guaranteed spots at next year's 48-team World Cup.
Israel Defence Forces spokesperson Brigadier General Effie Defrin on Saturday claimed that the Israeli Air Force has achieved aerial freedom of action over Tehran, which is 'no longer immune'.
'During the 5-day visit, Amir Khan Muttaqi would have, conceivably, bumped into our powerful security agencies one way or another and some interaction would have ensued, which, in turn, can lead to future dealings.' 'Indeed, this will be the one crucial template of the Indo-Afghan relationship that Pakistan will be monitoring closely,' points Ambassador M K Bhadrakumar.
The post came as the conflict between Israel and Iran intensified as they traded strikes on a fifth day.
United States President Donald Trump has expressed strong disapproval of Israel and Iran 'violating the ceasefire' he announced earlier in the day and said the two countries have been fighting 'so long and so hard that they don't know what the f*** they're doing'.
Noting that Israel is not interested in escalation of situation in the Middle East, country's Ambassador to India Reuven Azar said on Saturday that Israel defence forces attacked military targets in Iran 'in a very precise way' and that 'there is a price to pay when you attack the state of Israel'.
US reoccupation would need large troop deployments, break the Doha Agreement, and strain relations with Pakistan, Russia and Iran.
China and Russia on Sunday strongly condemned the United States air strikes on Iranian nuclear facilities, with China calling it a serious violation of the United Nations Charter that heightens tensions in West Asia, and Russia terming the strikes 'irresponsible' and asserting that they grossly violate international law, the UN Charter, and UN Security Council resolutions.
Amid escalating tensions between Israel and Iran, US President Donald Trump on Monday urged civilians to 'immediately evacuate Tehran', shortly after which the White House announced he would be departing the G7 summit early to 'attend to many important matters'.
The Pakistan government, as well as the country's military establishment, have come under severe criticism from netizens on social media for recommending United States President Donald Trump for the Nobel Peace Prize.
Twenty-four clubs will compete in the league phase of the Asian Champions League Elite when it returns in September, with the participants split evenly into western and eastern leagues.
Amid the ongoing conflict with Iran, Israel's foreign ministry said on Thursday that Soroka Hospital in Beersheba in the southern part of Israel has suffered a direct hit in a missile attack.