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NEW DELHI: Foreign minister S Jaishankar discussed the situation in the Strait of Hormuz with his Iranian counterpart Seyed Abbas Araghchi in a phone conversation on Tuesday evening. While Jaishankar stressed the need for safe merchant shipping, an Iranian readout said that they discussed the “consequences of the US and Israeli regime’s military aggression on…
Stranded in Doha as Iran vs US–Israel War Erupts, Indian Man Makes Daring Desert Escape to Riyadh A dramatic story of an Indian traveller stranded in Qatar has gone viral after he decided to abandon waiting for flights and instead take a long desert road journey to Saudi Arabia in order to continue his trip…
Crypto Twitter Explodes After Influencer Claims Dubai Demanded Permit to Post A viral tweet by crypto trader ElonTrades, founder of Signal Labs, has sparked fresh debate about the rapidly evolving rules governing social media content in the United Arab Emirates. The trader, who describes himself on X (formerly Twitter) as “Crypto since 2017” and known…
Representative AI image (Credit: Chat GPT) Missiles flying across the Middle Eastern skies and the roar of fighter jets over the Gulf are raising a pressing question in Washington: is Donald Trump’s war against Iran costing the United States billions in the name of victory?As Washington deepens its military campaign against Iran alongside Israel, policymakers…
Iran on Wednesday warned American tech companies that their offices and infrastructure could become targets as the conflict in the region widens.Al Jazeera reported that IRGC-affiliated Tasnim News Agency has published a list of offices and infrastructure run by major US technology companies that it claims are linked to Israel and used for military purposes.The…
A coordinated global effort to stabilise volatile energy markets gathered pace on Wednesday after the International Energy Agency (IEA) agreed to release the largest volume of emergency oil reserves in its history amid escalating tensions in the Middle East.According to an AP report, the Paris-based agency will make 400 million barrels available from members’ strategic…
US stocks traded in a narrow range on Wednesday even as crude oil prices resumed their upward move amid continued uncertainty over the conflict with Iran, according to an Associated Press report. The S&P 500 edged up 0.1% in early trading after a period of sharp volatility driven by energy price swings, while the Dow…
As the Strait of Hormuz faces disruption, Saudi Arabia’s East-West and UAE’s Habshan-Fujairah pipelines are crucial overland routes for crude oil. These pipelines, designed for emergencies, are now vital shock absorbers for the global economy, preventing a full-blown market panic despite not fully replacing Hormuz’s capacity. Their continued operation is paramount. TL;DR: Driving the newsAs…
As the war between Iran, the United States and Israel intensifies across the Middle East, attention has turned to the weapons that could shape the naval balance in the region. During the intial phase of ‘Operation Epic Fury’ the United States used its naval might including two aircraft carriers to target key sites across Iran….
India has purchased around 30 million barrels of unsold Russian crude after the United States issued a 30-day waiver allowing the country to buy shipments already stranded at sea, Bloomberg reported citing sources.According to the report, Indian refiners moved quickly to secure the available cargoes, many of which were already positioned in Asian waters, offering…
