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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
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Domestic equity markets opened sharply lower on Monday as rising crude oil prices and escalating tensions between the US and Iran weighed on investor sentiment. Sensex and Nifty fell over 1 per cent, while most sectoral indices traded in the red
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In Strait of Hormuz, Iran’s Revolutionary Guard fired on a container ship, causing damage but no injuries. The incident escalates tensions after recent US actions against Iranian vessels, amid stalled ceasefire talks and rising regional instability
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Rising tensions in the Strait of Hormuz amid US-Iran conflict and blockade fears have disrupted global oil supply, pushing crude prices higher. Analysts warn reduced Iranian exports and shipping risks could further strain markets and increase petroleum costs worldwide
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The rupee appreciated 10 paise to 92.41 against the US dollar in early trade on Friday, supported by RBI directives on forex positions. However, global tensions, oil price movements and fading domestic support could keep the currency volatile.
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US Vice President JD Vance heads to Islamabad to lead high-stakes talks with Iran amid a fragile ceasefire, as tensions persist over demands involving Israel and the Strait of Hormuz, with President Trump seeking a swift resolution to the conflict
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Iran’s representative in India Abdul Majid Hakeem Ilahi claimed the US was forced to announce a ceasefire due to its inability to sustain the conflict. He said peace depends on Iran’s terms and denied nuclear weapons ambitions
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In Dubai, escalating conflict involving United States, Israel, and Iran saw strikes on Isfahan and Gulf targets, oil prices surge, and regional tensions intensify, with civilian injuries, military casualties, and global energy markets severely impacted
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US President Donald Trump’s shifting statements on the Iran war have created confusion among allies, lawmakers and analysts, raising concerns over strategy, political risks and the possibility of prolonged conflict as the situation enters its second month
