Page 5 - West Asia

Oil prices rise as West Asia crisis chokes off vital oil, gas supply

Brent crude was trading up $1.67, or 2.05%, at $83.07 per barrel by 0141 ‌GMT. US West Texas Intermediate crude rose $1.94, or 2.60%, to $76.60

Iran launches missiles at Israel as war in West Asia enters day 6

Iran launched missiles at Israel early Thursday as aerial attacks in the Middle East commenced for a sixth day after an American submarine sank an Iranian warship and Iran threatened the destruction of military and economic infrastructure across the region. Israel announced the incoming attack shortly after its military said it had begun new strikes in Lebanon targeting the Iranian-backed Hezbollah militant group in Beirut's southern suburbs. The fighting continued after the US and Israel intensified their bombardment on Wednesday of Iran's security forces and other symbols of power. The tempo of the strikes on Iran was so intense that state television announced the mourning ceremony for Iranian Supreme Leader Ayatollah Ali Khamenei, who was killed at the start of the conflict, would be postponed. Millions attended the funeral of his predecessor, Ayatollah Ruhollah Khomeini, in 1989. The US and Israel launched the war Saturday, targeting Iran's leadership, missile arsenal and nucle

Over 17,500 Americans safely returned from West Asia amid Iran conflict: US

US State Department said that through its 24/7 Task Force, it has assisted nearly 6,500 Americans abroad by offering security guidance and travel assistance

Detected over 185 missiles since start of 'blatant Iranian aggression': UAE

The Ministry of Defence on Tuesday also successfully intercepted three ballistic missiles and detected 129 drones, of which 121 were intercepted while eight fell within the territory of the state

Israeli military attacks Iranian command centres with over 100 warplanes

The Israeli military said it attacked a compound in eastern Tehran housing the headquarters for the Islamic Revolutionary Guard Corps, the elite Quds Force, the intelligence directorate, Basij paramilitary force, Iran's cyber unit, and a "unit in Internal Security responsible for suppressing protests." More than 250 bombs were dropped by over 100 fighter jets in the "wide-scale" strike, according to an Israeli military official who spoke on condition of anonymity because he was not authorised to speak publicly.

West Asia conflict casts shadow on Gulf's glittering wedding season

Rising West Asia tensions disrupt Dubai's booming destination wedding season, leaving Indian families stranded and millions in bookings on hold

West Asia crisis: Rupee breaches 92 against $, RBI buys govt bonds

The rupee slid to a new low of 92.30 per dollar as tensions in West Asia drove crude higher, before recovering after RBI sold dollars and bought bonds to curb volatility

West Asia crisis: Sensex slips to 11-month low, volatility gauge jumps 23%

Escalating West Asia tensions kept oil prices elevated and triggered broad-based selloff in domestic equities, pushing benchmark indices to multi-month lows and erasing ₹21.5 trillion in market value

MEA sets up control room amid West Asia tensions, issues helpline numbers

The Ministry of External Affairs also released emergency contact numbers of Indian embassies across West Asia and Gulf region to assist Indian nationals

In a world without order, India must build economic, military strengths

Building economic and military strength at home and securing trade deals abroad are vital

Maersk suspends cargo bookings for UAE, Oman, Saudi Arabia amid war

The Jeddah and King Abdullah ports in Saudi Arabia and the Salalah port in Oman remained operational while the shipping group also still accepting cargo to and from Jordan and Lebanon

China to send envoy to West Asia for mediation: Foreign ‌Minister Wang Yi

Wang Yi tells Saudi and UAE counterparts China will send special envoy as conflict escalates; urges protection of civilians, energy assets and shipping lanes

Israel steps up airstrikes in Tehran, as Iran widens response across region

Israel said it launched airstrikes against Iranian missile launchers and a nuclear research site Tuesday, and Iran struck back against Israel and across the Gulf region, targeting US embassies and disrupting energy supplies and travel. Four days into a war that President Donald Trump suggested would last several weeks or perhaps longer, nearly 800 people have been killed in Iran, including some Trump said he had considered as possible future leaders of the country. Explosions rang out on Tuesday in Tehran and in Lebanon, where Israel said it retaliated against Hezbollah militants. The American embassy in Saudi Arabia and the US consulate in the United Arab Emirates came under drone attacks. Iran has fired dozens of ballistic missiles at Israel, though most of the incoming fire has been intercepted. Eleven people in Israel have been killed since the conflict began. The spiralling nature of the war raised questions about when and how it would end. The administration has offered vario

Transit shock! Why Kotak Sec has sell on OMCs, Petronet LNG, IGL, MGL?

The Islamic Revolutionary Guard Corps (IRGC) has announced the closure of the Strait of Hormuz (SoH), warning that any vessel attempting to transit the waterway would be targeted

Hormuz crisis may push Brent toward $100 amid US-Iran conflict: Analyst

The "war premium" has pushed Brent crude toward the $100 per barrel threshold, reigniting stagflation ary fears that central banks thought they had conquered

JM Financial flags risks for port logistics sector amid West Asia tensions

LNG shipments may bear the brunt in particular, while crude oil imports may realign if Indian refiners choose to source oil from alternative suppliers, the brokerage said

Nifty crashes 1,000 points below its 200-DMA; analysts see more downside

Any impact on the oil infrastructure in case of a prolonged war could see the Nifty drop to 23,500 - 23,700 levels," says U R Bhat, co-founder & director of Alphaniti Fintech.

Travellers rush to Oman, Saudi Arabia to escape Dubai amid US-Iran conflict

Travellers stranded in Dubai amid the US-Iran conflict are rushing to Oman and Saudi Arabia, as airspace closures and flight disruptions trigger costly evacuations

AAI denies seeking aviation fuel stock details from airport operators

In a statement issued late in the evening, AAI said the reports suggesting such communication were "false and factually incorrect".

West Asia crisis: X suspends revenue sharing for undisclosed AI war videos

Under the revised policy, creators who share AI-generated videos of armed conflicts without proper disclosure will face a 90-day suspension from the revenue-sharing programme