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US President Donald Trump claimed Iran’s military and economy had been severely weakened, saying the US would win the conflict “very quickly” and had near-total control of the Strait of Hormuz.
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Iran’s Islamic Revolutionary Guard Corps (IRGC) navy announced the capture of another advanced US unmanned submarine, the REMUS 600, in the Strait of Hormuz. The IRGC claims the vessel was conducting espionage and was seized through a coordinated operation involving electronic warfare.
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Indian benchmark indices opened sharply lower on Thursday, with the Sensex dropping over 560 points and the Nifty falling more than 200 points, as rising US Treasury yields and weak global sentiment outweighed support from softer crude oil prices.
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The US military has destroyed five Iranian crude oil tankers after Iran’s IRGC allegedly targeted an American warship with ballistic missiles, according to CENTCOM. The strikes took place near the Gulf of Oman and Kharg Island, raising concerns over regional shipping.
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Gold futures declined for the seventh straight session, falling over 1 per cent on MCX amid escalating US-Iran military tensions. Rising oil prices heightened inflation and interest-rate concerns, while investors await US employment data for clues on the Federal Reserve’s monetary policy
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US President Donald Trump has said the war with Iran could end “fairly soon,” while claiming Iranian Supreme Leader Ayatollah Mojtaba Khamenei is alive but “seriously wounded.” In an interview, Trump asserted Iran’s military has been crippled, its economy weakened, and that preventing Tehran from acquiring nuclear weapons remains the central objective.
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Iran’s rial hit a record low against the US dollar ahead of new US sanctions targeting digital assets, technology, gold, aviation and shipping. Tehran rejected Washington’s demands, defended its sovereignty and dismissed claims that the Strait of Hormuz remained fully open
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The contest is no longer simply about freedom of navigation; it is about influence over the world’s most important maritime energy corridor
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Indian airlines canceled nearly 26,000 international flights through July 20 due to West Asia airspace restrictions from the US-Iran conflict. The Civil Aviation Ministry told Lok Sabha that rerouting has sharply increased fuel costs and operational losses for domestic carriers
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The rupee weakened 14 paise to close at 96.44 against the US dollar on Monday, pressured by rising crude oil prices and global risk aversion amid US-Iran tensions. RBI intervention expectations and stronger forex reserves helped limit further depreciation
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The US launched fresh airstrikes on Iran after another American service member was killed, while Iran fired missiles toward Jordan, escalating regional tensions. Attacks targeted military sites, disrupted Gulf security, threatened shipping, and deepened concerns over energy supplies and wider conflict
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The Indian Embassy in Tehran has issued a revised advisory urging Indian nationals to postpone travel to Iran and recommending those already in the country to temporarily leave amid escalating instability and US-Iran military tensions.
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The US launched fresh strikes on Iran after an Iranian attack on a container ship in the Strait of Hormuz. Iran retaliated against regional countries hosting US forces, escalating tensions, threatening maritime security, and raising fears of renewed conflict despite ongoing ceasefire and mediation efforts
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Gold and silver are expected to remain volatile next week as investors track the US-Iran conflict, crude oil prices and inflation data from major economies. Analysts said geopolitical tensions, economic indicators and central bank policy expectations will continue to influence precious metal prices
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Fresh US airstrikes on Iran and Iranian missile attacks targeting Gulf countries have heightened fears of a wider regional conflict, threatening an interim ceasefire and raising concerns over global energy supplies as diplomatic efforts struggle to prevent further escalation.
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US forces struck Iranian military targets after accusing Tehran of attacking three ships in the Strait of Hormuz, while revoking Iran's oil sales license. Iran retaliated by targeting Bahrain and Kuwait, escalating regional tensions and casting doubt on fragile ceasefire negotiations
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US President Donald Trump announced on Thursday that he has called off planned military strikes on Iran, citing progress in high-level talks with Tehran’s leadership.
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U.S. Secretary of State Marco Rubio told the Senate Foreign Relations Committee that Iran has agreed to negotiate aspects of its nuclear programme previously off-limits, following recent U.S. military action. He said the U.S. blockade on Iranian shipping is costing Tehran hundreds of millions daily.
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US Secretary of State Marco Rubio, on a visit to India, said negotiations with Iran have made “some progress,” raising hopes of a resolution to the two-month-long West Asia conflict. He reiterated Washington’s stance that Iran must not acquire nuclear weapons and must keep the Strait of Hormuz open without tolls.
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Indian state-run oil marketing companies raised petrol and diesel prices for the second time in less than a week due to surging global crude costs driven by the US-Iran conflict. The hikes push fuel prices to their highest levels since May 2022
