"west-asia-conflict"

OPEC+ agreed to raise June output by 188,000 barrels daily amid West Asia tensions and Strait of Hormuz blockade. United Arab Emirates exit weakens the group, while disrupted exports and diplomacy moves caused volatile global oil prices

India remains relatively insulated from the West Asia conflict due to strong domestic demand, policy buffers, and public investment, the Finance Ministry said, while warning of inflation, fiscal pressures, and wider trade deficits, with risks hinging on energy supply disruptions and global uncertainties

Gold and silver prices rose on Thursday amid rising crude oil prices and growing tensions in West Asia. Gold crossed Rs 1.50 lakh on MCX during intra-day trade, while silver also gained strongly as investors reacted to global uncertainty and geopolitical developments

First LNG shipment since the West Asia conflict appears to have crossed the Strait of Hormuz, signalling easing tensions. The tanker Mubaraz heads toward China, raising cautious optimism for global energy flows despite ongoing US-Iran geopolitical uncertainty 

With key disputes over sanctions, nuclear policy and regional control unresolved, the prospects for a lasting agreement remain fragile

Reserve Bank of India Governor Sanjay Malhotra warns West Asia conflict may entrench inflation via supply shocks, prompting a wait-and-watch stance on interest rates. He highlights trade exposure, forex resilience, rupee flexibility, and ongoing digital initiatives like UPI and Unified Lending Interface platform

An Indian tanker safely crossed the Strait of Hormuz, while two other vessels turned back after a firing incident. India raised concerns with Iran over maritime safety as disruptions continue amid tensions affecting global shipping routes

Oil firms led by Hindustan Petroleum Corporation Ltd assured no fuel shortage in Andhra Pradesh, maintaining three-day LPG and 15-day petrol-diesel stocks, as panic buying eases and supply normalises despite initial disruptions triggered by the West Asia conflict

The Ministry of External Affairs said India evacuated 2,361 citizens from Iran amid West Asia conflict, including students and fishermen, using routes via Armenia and Azerbaijan, while coordinating with embassies and international partners during ongoing regional tensions

The central bank's decision to maintain the status quo signals a careful balancing act between controlling inflation and supporting economic growth in an increasingly uncertain global environment

Weavers in Rajanna Sircilla are facing fresh challenges as rising yarn prices linked to West Asia tensions increase production costs. Industry representatives say crude oil disruptions and pending government payments are further straining the already struggling weaving community.

The Ministry of Information and Broadcasting has extended the suspension of TV news TRP ratings by Broadcast Audience Research Council for four weeks, citing concerns over sensationalism and speculative reporting amid ongoing West Asia conflict and public interest considerations

Mumbai markets opened lower as Sensex and Nifty declined amid rising crude oil prices and escalating West Asia tensions. Heavy foreign fund outflows further weakened sentiment, increasing volatility, while select stocks gained. Investors remain cautious, tracking geopolitical developments and oil price movements closely

India-flagged vessel Green Asha safely crossed the Strait of Hormuz, becoming the ninth tanker to transit amid tensions with Iran, highlighting continued energy shipments despite risks disrupting global oil supply routes and maritime security concerns

Former diplomat K.P. Fabian said Iran is handling the West Asia conflict strategically and allowing selective ship movement through the Strait of Hormuz. He criticised US President Donald Trump’s statements, calling them unrealistic and inconsistent amid rising regional tensions

External Affairs Minister S. Jaishankar said India has handled recent global shocks with resilience despite conflicts and economic disruptions. Addressing IIM Raipur, he highlighted the need for strong domestic capabilities and noted shifting global power dynamics and rising competition

Global crude oil prices surged after US President Donald Trump warned of potential strikes on Iran, heightening supply concerns. Ongoing West Asia conflict disrupted Strait of Hormuz flows, pressured markets, impacted currencies, and kept investors cautious despite slight declines in gold prices

Tensions escalated in West Asia as Iran launched attacks on Israel and Gulf nations, while US strikes hit Iranian infrastructure. Disruptions in the Strait of Hormuz slashed oil traffic, raised global prices, and prompted international talks on restoring maritime security

Jet fuel prices in New Delhi surged to a record 2.07 lakh per kilolitre amid global oil spikes from the West Asia conflict, though domestic airlines saw a limited rise. Commercial LPG rates also increased, raising operating costs

The Telangana Legislative Assembly passed two resolutions condemning the West Asia conflict and urging a ban on paraquat dichloride. Leaders warned of global risks from the war and highlighted farmer deaths linked to the toxic herbicide, seeking immediate Central action