Iran war day 105: Trump halts attacks after Kharg Island threat
President Trump has halted planned strikes on Iran, saying negotiations are nearing a result as Tehran reviews a US deal proposal. The pause centers on a threatened strike against Kharg Island, Iran's main oil export terminal, which was used as diplomatic leverage.
16d ago · 3 min · Global Affairs
Gift Nifty, Iran war, oil prices to Nasdaq, Nikkei’s crash: 10 things that changed for Indian stock market over weekend
Gift Nifty is trading near 23,096, pointing to a gap-down open of about 356 points for Indian markets. Iran conflict fears, rising oil prices, a Nikkei drop, and Nasdaq moves have combined to push risk sentiment sharply negative heading into Monday's session.
16d ago · 3 min · Markets
Trump on Pressure to End Iran War With Peace Deal
President Trump told Meet the Press moderator Kristen Welker that U.S. involvement in the Iran conflict will not become a "forever war" and rejected comparisons to past quagmires. The comments come as Trump faces pressure to reconcile the engagement with his promise to keep America out of new foreign wars.
21d ago · 3 min · Global Affairs
US visa rejections, war on Iran keep fans away from World Cup
High US visa fees, steep rejection rates, and fears over immigration enforcement are discouraging international fans from attending the 2026 FIFA World Cup. Iranian fans face an especially steep barrier due to active regional conflict and the absence of US-Iran diplomatic relations.
23d ago · 3 min · Global Affairs
Fertiliser firms seek more green ammonia as Iran war disrupts supplies
India's fertiliser companies are seeking more long-term green ammonia contracts after conflict involving Iran disrupted conventional ammonia supplies and raised import costs. The government is now reviewing revised demand projections as fixed green ammonia prices have become competitive against elevated spot rates.
24d ago · 3 min · Policy & Government
Indian firms beat fourth-quarter estimates, but Iran war dims outlook
Nifty 50 companies posted 6.6% net profit growth in the January-March quarter, well above the 2% forecast by Kotak Institutional Equities. Escalating conflict involving Iran now threatens to raise oil and freight costs, clouding the outlook for the current quarter.
28d ago · 3 min · Markets
Dar to meet Rubio in Washington tomorrow: FO
Pakistani Deputy PM and Foreign Minister Ishaq Dar will meet US Secretary of State Marco Rubio in Washington on Friday, with Pakistan actively pursuing a mediation role to end the US-Israeli conflict with Iran. The outcome could shape both bilateral ties and Pakistan's broader diplomatic standing.
1mo ago · 3 min · Global Affairs
U.S. conducts another strike against Iran
U.S. forces launched new defensive strikes against Iran on Wednesday as President Trump said the approaching midterm elections would not pressure him into a quick deal. The conflict raises risks for oil supply routes and energy prices, with no resolution timeline in sight.
1mo ago · 3 min · Global Affairs
Diesel, petrol price hike: Fuel rates increased for fourth time since Iran war began
India has raised petrol and diesel prices for the fourth time in under two weeks as surging global crude costs and the Iran conflict push oil marketing companies past the point of absorbing daily losses. Consumers are now bearing costs the government had largely shielded them from until now.
1mo ago · 3 min · Economy
Iran war hits home as gasoline prices fuel significant U.S. inflation jump
U.S. consumer prices rose 3.8% year over year in April 2025, up sharply from 3.3% in March, driven by gasoline prices linked to the Iran conflict. The acceleration complicates Federal Reserve rate-cut plans and raises borrowing costs for households and businesses.
1mo ago · 4 min · Economy
US inflation jumps to 3.8% as energy costs surge from Iran war
US inflation rose to 3.8% in April, its highest since May 2023, as energy costs surged due to the Iran conflict. The jump complicates Federal Reserve plans to cut interest rates and raises costs for consumers and borrowers.
1mo ago · 3 min · Economy
Rupee hits record low of 95.63/$ as rough patch worsens on oil, outflow strain
The Indian rupee hit a record low of 95.63 against the dollar, making it Asia's worst-performing major currency in 2026. A nearly 5% slide since the Iran war began on February 28 is being driven by higher oil import costs and accelerating foreign capital outflows.
1mo ago · 3 min · Markets
'Bending, not breaking': Goldman Sachs explains why the war in Iran hasn't derailed the global economy
Goldman Sachs says the conflict involving Iran has stressed but not broken the global economy, using the phrase "bending, not breaking" to reassure investors. The full analysis underpinning that view was not available in the source material.
1mo ago · 2 min · Global Affairs
Trump Heads out on High-Stakes China Trip Amid Iran War
President Trump is meeting China's Xi Jinping to press Beijing to reduce its support for Iran and help reopen the Strait of Hormuz. China is Iran's largest oil buyer, making its stance critical to both the conflict's trajectory and global energy prices.
1mo ago · 2 min · Global Affairs
Asia braces for second wave of energy shocks from Iran war
Asian governments are rationing power, redirecting gas from fertiliser plants, and tapping energy stockpiles as Iran-linked conflict threatens Middle East supply routes. The trade-offs risk slowing economic activity, raising food production costs, and leaving reserves depleted if disruptions continue.
1mo ago · 2 min · Global Affairs
Morgan Stanley warns oil market in ‘race against time’ as Strait of Hormuz remains shut amid Iran war
Morgan Stanley warned oil markets face a tightening supply crunch if the Strait of Hormuz stays closed into late June or July, calling it a "race against time." Current inventory buffers can absorb short-term disruption, but will weaken if the closure extends further, pushing crude prices higher.
1mo ago · 2 min · Markets
Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases
Prime Minister Modi has urged Indians to reduce fuel use, overseas travel, and gold purchases as the Middle East conflict threatens India's heavily import-dependent energy supply. A broader war involving Iran could pressure the rupee, widen the trade deficit, and push up domestic fuel prices.
1mo ago · 2 min · Big Stories
Geopolitical storm batters Dalal Street; Sensex tanks 921 points on Iran war fears, crude surge
The Sensex fell 921 points and the Nifty 50 dropped 275 points in early trade on Monday, driven by Iran-linked war fears and a surge in crude oil prices. India's heavy dependence on oil imports makes it especially vulnerable to Middle East conflicts, raising risks for inflation and corporate margins.
1mo ago · 2 min · Markets
Trump and Netanyahu Say Iran War Is Not Over
Trump and Netanyahu both refused in Sunday interviews to rule out renewed military action against Iran, days after the administration said the war had run its course. The reversal reintroduces uncertainty for oil markets and regional diplomacy.
1mo ago · 2 min · Global Affairs
The Iran War has exposed global shipping's weakest links
The Iran conflict has exposed how dependent global trade is on a small number of vulnerable shipping chokepoints. Rising war-risk insurance premiums, longer rerouting distances, and concentrated lane capacity are pushing up costs for energy, manufacturing, and consumer goods worldwide.
1mo ago · 2 min · Global Affairs