Strait of Hormuz
- Business
Rupee sinks to record closing low of 96.52 against US dollar
Mumbai: The rupee slipped to a record low of 96.60 against the US dollar before settling at 96.52 (provisional) on Tuesday, May 19, weighed down by soaring crude oil prices, persistent foreign…
- Middle East
Trump says ‘good chance’ of Iran nuclear deal after US pauses strike plan
As the US-Israeli war on Iran entered its 81st day on Tuesday, May 19, US President Donald Trump said that there was a “very good chance” of reaching a nuclear agreement with…
- Middle East
Trump considers military action after US rejects Iran nuclear proposal
US President Donald Trump is considering possible military action against Iran after Washington rejected Tehran’s revised nuclear proposal, Axios reported on Monday, May 18. Trump is expected to meet senior national security…
- Middle East
‘Gulf of Oman will become your graveyard’: Iran issues stark warning to US
Regional tensions escalated sharply on Monday, May 18, after senior Iranian official Mohsen Rezaei warned the United States to end its naval blockade, saying the Gulf could become a “graveyard” for American…
- Middle East
Oil prices surge as Trump considers action against Iran
Oil prices climbed sharply on Monday, May 18, as US President Donald Trump weighed possible military action against Iran amid deepening tensions across the Gulf region and continued uncertainty over the Strait…
- Middle East
Trump says ‘clock is ticking’ for Iran
US President Donald Trump warned Iran on Sunday, May 17, that time was running out for its leadership to act amid escalating tensions in the region. “For Iran, the Clock is Ticking,…
- Middle East
Israel prepares for Iran escalation as strikes on Lebanon continue despite truce
Israel has intensified military preparations against Iran while continuing strikes in Lebanon despite an extended ceasefire with Hezbollah on Sunday, May 17, fuelling fears of a wider regional conflict. Israeli Minister Ze’ev…
- World
At UN, India flags concerns over targeting of vessels in Strait of Hormuz
United Nations: Targeting commercial shipping, endangering civilian crew and impeding freedom of navigation in the Strait of Hormuz is “unacceptable”, India’s Permanent Representative to the UN Parvathaneni Harish has said. Harish’s remarks…
- Middle East
Trump warns Iran of ‘very bad time’ if no peace deal is reached
On the 79th day of the US-Israeli war on Iran on Sunday, May 17, US President Donald Trump warned that Iran would face a “very bad time” if a peace agreement was…
- Middle East
Iran to regulate Strait of Hormuz traffic with new fee system
Iran is preparing to introduce a new mechanism to regulate maritime traffic through the Strait of Hormuz, according to senior Iranian lawmaker Ebrahim Azizi on Saturday, May 16. Azizi said the system…
- World
Trump, Xi conclude ‘very successful’ talks but no deals announced
Beijing: Chinese President Xi Jinping and his US counterpart Donald Trump on Friday, May 15, hailed their talks as “historic” and “landmark”, as the American leader wrapped up his three-day visit on…
- Business
Gold futures inches up as investors track Trump-Xi talks
New Delhi: Gold prices rose marginally by 0.21 per cent in futures trade on Thursday, May 14, as traders tracked ongoing talks between US President Donald Trump and his Chinese counterpart Xi…
- News
Wholesale price inflation rises to 8.3 pc in April
New Delhi: Wholesale price inflation shot up to 8.30 per cent in April, from 3.88 per cent in March, led by a sharp spike in prices of fuel, power and crude petroleum.…
- World
Japan snack giant drops colors as war in Iran hits ink supply
Tokyo: The packaging on some snacks in Japan is turning a sombre black-and-white, as the war in Iran disrupts the supply of an ingredient used in colored ink. Tokyo-based Calbee Inc., which…
- Middle East
Cost of the US war on Iran climbs to USD 29 billion: Pentagon
The Pentagon’s top budget official told Congress the Defence Department now believes the cost of Operation Epic Fury is “closer to USD 29 (billion).” Jules Hurst, the Pentagon comptroller, told Congress in…
