Latest News, Updates & Breaking Headlines
Renowned economist and Columbia University professor Jeffrey Sachs has sharply criticised the ongoing conflict, accusing US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu of igniting the crisis despite warnings from experts. It has been over a month since the first missiles and bombs struck Iran. Now, a month later, the conflict has left…
Saudi Arabia has brought its East-West pipeline into full operation, pushing 7 million barrels of oil a day through the route as it works to maintain supplies following the effective shutdown of the Strait of Hormuz, a person familiar with the matter said. The pipeline, which runs across the kingdom to the Red Sea, has…
Ranchi: The ripple effects of the West Asia conflict are now being felt in city markets, with small-scale painting and fabrication units in hubs like Karbala Chowk, Kokar, Hinoo and Main Road hit by rising input costs, LPG shortage and slowdown in operations.The impact is being felt most in almirah-making units and vehicle painting workshops,…
NEW DELHI: Amid continuing uncertainty over the likely course of the war in West Asia, PM Modi on Tuesday warned of prolonged disruption, saying its adverse effects could last for a long time. Speaking in RS a day after President Trump said negotiations have started with Iran, Modi cautioned that conflict could continue, leading to…
Prime Minister Narendra Modi NEW DELHI: Prime Minister Narendra Modi on Monday addressed the Lok Sabha on the ongoing crisis in West Asia, triggered on February 28 when the United States and Israel launched joint attacks on Iran, plunging the Gulf region into turmoil.The continued bombings and strikes across the oil-rich region have posed serious…
India has condemned attacks on commercial shipping in the Strait of Hormuz, calling them “unacceptable,” as the International Maritime Organization (IMO) urged coordinated action to safeguard civilian vessels in the Gulf region.Addressing the 36th extraordinary session of the IMO Council in London on Thursday, Vikram Doraiswamy, India’s ambassador to the UK, emphasised New Delhi’s commitment…
Under a proposal being reviewed by the finance ministry, domestic insurers could be enabled to provide cover for vessels navigating high-risk areas. (AI image) Middle East conflict impact on India: The government is looking at the creation of a specialised fund to assist insurers offering war-risk coverage for ships operating on routes to and from…
As the Middle East conflict enters its third week, rising tensions are pushing global oil prices higher. Crude from the Middle East has seen the sharpest spike, becoming the world’s most expensive oil as disruptions to key supply routes continue. According to a Reuters report, S&P Global Platts assessed cash Dubai crude at $153.25 per…
After an arduous wait, the West Indies cricket team and its staff have successfully made their journey back home following their time in India for the T20 World Cup. The team faced significant challenges due to travel restrictions caused by escalating tensions in West Asia, resulting in closed airspace and canceled flights that kept them…
BENGALURU: Britannia Industries said its manufacturing operations have not faced any significant disruption due to industrial gas supply concerns linked to the conflict in West Asia, issuing a clarification after market rumours triggered enquiries. The company said it has adequate levels of finished goods. Source link
