Israel Iran Conflict

'Pandemonium' fuels surge in US yields as fed rate-hike bets emerge

Ten-year yields rose 11 basis points to 4.39 per cent, extending their rise since hostilities began to 44 basis points

Global LNG exports hit six-month low as West Asia conflict disrupts flows

The 10-day moving average for LNG shipments has fallen about 20 per cent from the start of the month to 1.1 million tonnes, the lowest since September

Gold falls more than 3% as West Asia war deepens inflation concerns

Bullion plunged as much as 3.8 per cent to near $4,320.30 an ounce, less than a dollar above where it ended last year

Iran posing direct threat to European countries: Israeli PM Netanyahu

Netanyahu said Israel and the US will continue to act with great force against the Ayatollah terror regime

Hormuz open to all except those who 'violate' Iranian soil: Iran President

Pezeshkian says threats will only strengthen Iran's unity, asserts Strait of Hormuz remains open but warns enemies against violating its sovereignty amid rising tensions with the US

Iran's exiled crown prince appeals to US, Israel to 'dismantle' regime

Pahlavi appealed to Trump, Netanyahu to continue targeting the regime while sparing the civilian infrastructure

'Will never forget your kindness, humanity': Iran thanks India for support

The Iranian Embassy in India expressed gratitude to Indians for donating money and jewellery to rebuild Iran

Oil steady as investors weigh US-Iran threats to facilities, sanctions lift

Brent crude futures dropped 8 cents to $112.11 a barrel ‌by 2324 GMT after settling at the highest since July 2022 on Friday

Groups backing Iran may target American interests, US warns citizens

The warning comes as the US Treasury Secretary Scott Bessent on Monday said that President Donald Trump is defanging the Iranian regime and bringing peace to West Asia

Trump's changing strategy on Hormuz raises questions about US war readiness

At war with Iran, President Donald Trump is cycling through an increasingly desperate list of options as he searches for a solution to the crisis in the Strait of Hormuz. He is jumping from calls to secure the waterway through diplomatic means to lifting sanctions and now escalating to a direct threat against civilian infrastructure in the Islamic Republic. Trump and his allies insist they were always prepared for Iran to block the strait, yet the Republican president's erratic strategy has fuelled criticism that he is grasping for answers after going to war without a clear exit plan. On Saturday came his latest attempt, via an ultimatum to Iran: Open the strait within 48 hours or the United States will "obliterate" the country's power plants. Trump's aides defended the threat as a hard-edged tactic to press Iran into submission. Opponents framed it as the failings of a president who miscalculated what it would take to get out of a geopolitical mire. "Trump has no plan to reopen t

Trump is defanging Iran, bringing peace to West Asia: US treasury secy

Bessent said that Trump's actions are aimed at making the world a safer place

Iran threatens Hormuz shutdown over Trump's energy strike warning

Trump on Saturday threatened to "obliterate" Iran's power plants if Tehran did not fully reopen the Strait of Hormuz within 48 hours

Best of BS Opinion: HDFC governance crisis and a widening West Asian war

Here are the best of Business Standard's opinion pieces for today

Domestic urea plants at half capacity as West Asia war choke gas supplies

India's urea plants are running at half capacity after force majeure declarations disrupted LNG flows through the Strait of Hormuz amid escalating West Asia tensions, industry sources said on Sunday. Petronet LNG Ltd, which operates India's largest liquefied natural gas receiving terminal, declared force majeure after upstream suppliers cited their inability to deliver contracted volumes amid disruptions to cargoes transiting the Strait, sources said. The move triggered supply curtailments by state-owned gas distributors GAIL (India) Ltd, Indian Oil Corporation Ltd (IOC) and Bharat Petroleum Corporation Ltd (BPCL), which supply gas under RasGas contracts to fertiliser units across the country. "Gas supplies have been curtailed to approximately 60-65 per cent of normal levels," a senior industry official told PTI, adding that when scheduled plant turnarounds over the past six months were factored in, effective supply at some units had fallen below 50 per cent. Urea output at affecte

West Asia conflict likely to dent Q4 earnings of listed hotel majors

Geopolitical tensions may hit foreign tourist inflows, affecting occupancies and room rates even as domestic demand stays resilient; outlook hinges on conflict duration

Check unnecessary expenses, Air India CEO tells staff amid West Asia war

The Air India Group has been significantly impacted by the Middle East conflict and the financial impact is "yet to be fully felt", according to Air India chief Campbell Wilson, who has also stressed the need for having a tighter-than-ever control of unnecessary expenditure. Loss-making Air India and Air India Express have been grappling with operational disruptions like other airlines since the start of the conflict involving the US, Israel, and Iran on February 28. "In the three weeks since the conflict started, we have had to cancel around 2,500 flights to the region. As of today, we can operate only around 30 per cent of our normal Middle East schedule because airports and/or airspace are closed, or are assessed to be beyond our safety threshold," Wilson said in a message to the staff on Friday. The airline's flights to the UK, Europe, and North America, are also taking longer flight paths due to airspace restrictions in the region, resulting in more fuel consumption. Wilson sa

Mkts brace for more turbulence as Iran war shows no signs of de-escalation

Escalating conflict, rising oil prices and rupee pressure likely to keep markets volatile as investors turn cautious amid global uncertainty

Things getting out of hand: US miscalculations keep West Asia on the boil

The escalating US-Israel war with Iran deepens global uncertainty, disrupts energy supply chains, and exposes geopolitical fractures from NATO to Asia

West Asia war: Are the effects priced in amid rising economic risks?

As the Strait of Hormuz disruption deepens, India faces rising inflation, supply shocks, and fiscal strain, with markets yet to fully price in the risks

FII's India allocation unlikely to change in the near term: Rajat Rajgarhia

For FII's, the favored markets over last two years have been countries that were beneficiaries of new age tech and artificial intelligence (AI), he said.