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The International Monetary Fund has warned that the Iran war is set to darken the global economic outlook, with Managing Director Kristalina Georgieva confirming a downgrade in growth forecasts next week. Despite resilience shown in past trade shocks, the conflict has disrupted energy supplies, raised oil and gas prices, and shaken business confidence.
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Tensions are rising between Donald Trump and Europe’s right-wing leaders over the Iran war, as figures like Viktor Orban face backlash, exposing limits to Trump’s efforts to build a unified global conservative alliance
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Congress leader Rahul Gandhi criticised US President Donald Trump’s remarks that “a whole civilization will die” if Iran fails to meet his deadline for reopening the Strait of Hormuz. Gandhi asserted that nuclear weapons can never be justified under any circumstances.
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The King Fahd Causeway was closed as a precaution amid Iranian attack threats targeting Saudi Arabia’s Eastern Province. The move comes after Donald Trump warned Iran over the Strait of Hormuz tensions
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Iran rejected a US-proposed 48-hour ceasefire and escalated hostilities by continuing attacks, claiming to down American aircraft. The move follows intensified conflict after US-Israel strikes on Tehran, further deepening instability across the Middle East region.
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Trump’s prime-time address on the Iran war emphasised that US forces are close to completing their strategic objectives, including crippling Iran’s missile production, Navy, and preventing nuclear weapon development. He insisted the war is not about oil, highlighting America’s energy independence and domestic reserves.
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Donald Trump threatened massive strikes on Iran energy infrastructure if no deal is reached soon, as the Strait of Hormuz crisis deepens. Escalating attacks across the Gulf and Israel heighten fears of a widening regional war
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Spain has closed airspace to United States warplanes linked to the Iran conflict, reinforcing opposition under Pedro Sánchez. Madrid earlier barred US base use, deepening tensions with Washington amid criticism of Middle East military actions
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The Intelligence Bureau has warned of a charity scam exploiting the Iran war, targeting mainly the Shia community in Jammu and Kashmir. Fake fundraisers have collected crores, possibly financing personal gains and anti-national activities
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Iran rejected a US ceasefire proposal and launched fresh attacks on Israel and Gulf states as the Middle East war escalated. The US is deploying additional troops while diplomatic efforts face major hurdles amid rising casualties and fears of a global energy crisis
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A temporary US pause on Iran strikes fuels cautious hopes of de-escalation, but ongoing attacks, conflicting claims, and uncertain back-channel talks suggest it may be a tactical breather
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Over 40 energy assets in nine West Asian countries have been severely damaged due to the Iran war, disrupting oil and gas supplies. The IEA has warned of serious global economic consequences, with supply losses already exceeding previous major energy crises
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Expanding storage capacity and diversifying supply sources must become urgent national priorities
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US President Donald Trump warned Iran to reopen the Strait of Hormuz within 48 hours or face strikes on power plants, while rejecting ceasefire calls and urging global allies to take responsibility for securing the critical shipping route.
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Differences between Donald Trump and Benjamin Netanyahu over Israel’s strike on Iran’s gas field have raised questions about US-Israel coordination, with officials acknowledging differing objectives even as both sides continue to project a strong alliance
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Surging crude oil prices amid the Iran conflict are driving up fuel, transport and energy costs globally, with potential spillover into food prices and inflation, raising concerns over reduced consumer spending and broader economic slowdown
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US intelligence officials told lawmakers that Iran’s military capabilities have been significantly degraded by recent operations, but the regime remains intact and capable of rebuilding, continuing to pose a long-term threat to US interests and regional stability.
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Masoud Pezeshkian said Iran will end the war with the United States and Israel only if its rights are recognised, reparations paid and security guarantees provided. Donald Trump signalled continued military operations as casualties and global oil market concerns rise
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Union minister Suresh Gopi said efforts are underway to control the LPG crisis caused partly by disruptions linked to the Strait of Hormuz, adding that India is exploring additional supplies while prioritising essential services.
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Asian markets rose Tuesday as investors watched developments in the Iran war and oil prices. Tokyo and Seoul led gains while US stocks stayed mostly steady. Oil remained below recent highs amid hopes the conflict may ease, reducing risks to global energy supply