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
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.
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
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.
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
Former Minister T Harish Rao on Tuesday said the US–Israel conflict with Iran could impact global trade and push up petrol and diesel prices. He also accused the Congress government of ignoring minority welfare promises during an Iftar event in Sangareddy
Australia has granted asylum to five members of Iran’s women’s football team who sought refuge during a tournament in the country after the Iran war began. The decision came amid international attention and calls for protection of the athletes
Nearly 2,000 Telugu people from Andhra Pradesh, including transit passengers and those on tourist visas, have returned from West Asia amid the ongoing conflict involving Israel, the US, and Iran. Around 70 individuals remain in Bahrain and are expected to return soon.
