Latest News, Updates & Breaking Headlines
NEW DELHI: Union parliamentary affairs minister Kiren Rijiju on Wednesday said opposition parties assured full support to the government after an all-party meeting on the Middle East crisis, adding that ministers had answered all questions raised over the fallout of the Iran-Israel-US conflict and its impact on India.Speaking after the meeting in New Delhi, Rijiju…
The Pentagon has ordered about 2,000 soldiers from the US Army’s 82nd Airborne Division to begin moving to the Middle East, offering President Donald Trump additional military options as he considers a new diplomatic initiative with Iran, two Defence Department officials said Tuesday.The troops are part of the division’s “Immediate Response Force,” a brigade of…
The Middle East crisis is sending shockwaves far beyond the region, unsettling everything from oil markets to stocks and currencies. At a time when markets around the world are already volatile, Pakistan, which is already grappling with a fragile economy, is finding itself on the brink of an economic crisis. Concerns are rising around inflation,…
The USS Gerald R Ford, US Navy’s most expensive aircraft carrier, has come under renewed scrutiny after it was forced to leave its Middle East deployment following a fire onboard, even as longstanding concerns about its operational readiness remain unresolved.The carrier arrived at a port in Crete earlier this week after a fire broke out…
NEW DELHI: PM Narendra Modi on Tuesday announced the formation of seven empowered groups to assess the implications of the ongoing military conflict in West Asia on energy supplies, essential commodities and supply chains, and chart a strategy to cushion its impact on the Indian economy.In a statement in Rajya Sabha, Modi said the conflict…
US stocks slipped on Tuesday while oil prices resumed their climb, as continuing airstrikes on Iran and fresh missile attacks across the Middle East dampened the optimism that had lifted markets a day earlier.The S&P 500 fell 0.6%, giving back nearly half of its previous session’s gain. The Dow Jones Industrial Average dropped 363 points,…
State Petroleum and Natural Gas minister Suresh Gopi on Monday said that India’s strategic oil reserves are designed to provide cover for about 9.5 days of supplies during disruptions or price shocks.The announcement comes as global crude oil prices continue to rise amid the ongoing conflict in the Middle East, raising concerns over supply disruptions…
US soldiers stand atop a military tank displayed at the World Defense Show in Riyadh. (AP photo) With the war entering its 25th day of tensions in the Middle East, Saudi Arabia and the United Arab Emirates have reportedly taken tentative steps that could draw them closer to the Iran conflict, pointing to a potential…
Global oil prices moved higher on Tuesday, recovering from a sharp drop in the previous session, as concerns over an escalation in the Middle East conflict and uncertainty around US-Iran diplomacy keeps the markets volatile.Brent crude climbed toward $104 a barrel, while US benchmark West Texas Intermediate rose nearly 4%, reversing part of Monday’s steep…
“The West Asia war set unprecedented challenges for India too,” he said. Prime Minister Narendra Modi on Monday described the situation in the Middle East as “worrisome,” noting that it is significantly affecting the global economy as well as people’s livelihoods. “The West Asia war set unprecedented challenges for India too. The West Asia conflict…
