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Page 7 - West Asia

Iran-Israel flare-up: Traders, shippers brace for fresh price shocks

Freight costs, war risk premia on marine insurance rise

Iran-Israel flare-up: Traders, shippers brace for fresh price shocks
Updated On : 16 Apr 2024 | 11:10 PM IST

Israeli war cabinet to hold 3rd meeting on response to Iran's attack

Iran launched the attack in retaliation for an airstrike on its embassy compound in Damascus on April 1 attributed to Israel, but signalled that it did not seek further escalation

Israeli war cabinet to hold 3rd meeting on response to Iran's attack
Updated On : 16 Apr 2024 | 10:13 PM IST

Israel aims to hurt Iran for drone attack, avoid all-out war: Report

In an unsourced report, the broadcaster said Israel's intention was to embark on action coordinated with the United States, which has said it would not join Israel in any direct attack on Iran

Israel aims to hurt Iran for drone attack, avoid all-out war: Report
Updated On : 16 Apr 2024 | 12:13 AM IST

Rupee settles at record closing low amidst escalating tensions in West Asia

However, Indian rupee on Monday performed better than the majority of the Asian currencies

Rupee settles at record closing low amidst escalating tensions in West Asia
Updated On : 15 Apr 2024 | 11:22 PM IST

Shipping industry set for tougher times ahead due to tensions in West Asia

The global maritime industry is set for tougher and more challenging times after Iran ramped up West Asia tensions by launching an unprecedented drone and missile attack on Israel, causing supply chain disruption and increasing the probability of choking shipping routes, experts here have said. Iran's attack on Israel marks a distinct escalation in hostilities by bringing the two nations into direct conflict. Iran and its proxies launched 330 missiles and drones on Israel late on Saturday night in retaliation to an alleged attack by Israel on a diplomatic mission of the Islamic Republic in Damascus on April 1 in which several people, including two top commanders, were killed. There is a concern about the probability of a Persian Gulf shutdown, though many maintain hope of defusing fierce tension in the region, a delegate at the opening of Singapore Maritime Week on Monday, told PTI. The Persian Gulf is a Mediterranean Sea in West Asia. It is connected to the Gulf of Oman in the eas

Shipping industry set for tougher times ahead due to tensions in West Asia
Updated On : 15 Apr 2024 | 10:47 PM IST

Israel-Iran conflict: Missile attack adds to airline troubles in West Asia

Iran's attack on Israel by more than 300 missiles and drones, which were mostly shot down by Israel's US-backed missile defence system, caused chaos in the aviation industry

Israel-Iran conflict: Missile attack adds to airline troubles in West Asia
Updated On : 15 Apr 2024 | 10:46 PM IST

Reckoning in West Asia

Too soon to assume that the Israel-Iran crisis is over

Reckoning in West Asia
Updated On : 15 Apr 2024 | 10:14 PM IST

Expect India to play role in bringing stability in West Asia: Israeli envoy

Israel is "strong and resilient" and, if needed, it will "confront Iran" after the recent attack, the Israeli envoy here asserted on Monday and said India should play a role in bringing stability in the West Asia region. In an interview to PTI at the Israeli Embassy here, the country's ambassador to India Naor Gilon said that Israeli defence forces with the support of the US and "other friends in the region" were able to "intercept 99 per cent" of the UAVs and missiles fired by Iranians. However, there was "minor damage" suffered at Nevatim air base in the attack late Saturday, he said. With Iran's attack on Israel triggering the spectre of a wider conflict in West Asia, India on Sunday said it is seriously concerned over the escalating hostilities between the two sides and called for an immediate halt to violence and return to the path of diplomacy. External Affairs Minister S Jaishankar held separate telephonic conversations with his Iranian and Israeli counterparts and underline

Expect India to play role in bringing stability in West Asia: Israeli envoy
Updated On : 15 Apr 2024 | 8:33 PM IST

Fuelling tensions: West Asian conflict reveals India's oil vulnerability

Iran attacked Israel after an airstrike by Jerusalem on April 1 on an Iranian embassy compound in Damascus killed an Iranian general and six officers

Fuelling tensions: West Asian conflict reveals India's oil vulnerability
Updated On : 15 Apr 2024 | 3:14 AM IST

Conflict in West Asia: Iran's attack on Israel raises fears of wider war

The unprecedented attack by Iran on Israel early Sunday ratcheted up regional tensions, confirming long-held fears about the Israel-Hamas war spiraling into a broader conflagration. But Iran, Israel, the United States and Hamas also walked away with some gains. Here's a look at the fallout. ISRAEL'S RESPONSE COULD RESTORE FAITH IN ITS MILITARY As more than 300 drones and missiles headed toward Israel in the early hours of Sunday, the country was able to successfully put to the test its aerial defense array, which, along with help from allies, blocked 99 per cent of the projectiles and prevented any major damage. By contrast, Israel's military had suffered a bruising defeat at the hands of a far less equipped enemy when Hamas stormed from Gaza into Israel on October 7. That was a major blow to Israel's image as a regional military powerhouse and shattered any sense of invincibility. The response to Iran's attack could be what restores faith in the country's military, even as its for

Conflict in West Asia: Iran's attack on Israel raises fears of wider war
Updated On : 14 Apr 2024 | 10:14 PM IST

Indian Embassy in Trehan issues helpline numbers amid tensions in region

The Indian embassy in Israel issued a fresh important advisory' for its nationals after the overnight attacks by Iran

Indian Embassy in Trehan issues helpline numbers amid tensions in region
Updated On : 14 Apr 2024 | 8:44 PM IST

West Asia tensions: AI, Vistara opt for alternative paths for flights

Amid escalating tensions in the Middle East, Air India, and Vistara on Saturday said they have decided to opt for alternative flight paths for some of its flights to and from India. On Friday, India asked its citizens not to travel to Israel and Iran amid increasing fears that Tehran may launch an attack on Israeli soil in retaliation to a strike on the Iranian consulate in Syria 11 days ago. While Air India and Vistara did not elaborate on the alternative flight paths, two persons in the know said carriers are avoiding the Iranian airspace while flying to destinations in the West. "We are closely monitoring the developing situation in the Middle East. Presently, our aircraft will operate on alternative flight paths to and from India, according top priority to the safety of our passengers and crew," an Air India spokesperson said in a statement. Air India is the only Indian carrier that operates flights to Israel. It has four weekly flights connecting Delhi and Tel Aviv. In a ...

West Asia tensions: AI, Vistara opt for alternative paths for flights
Updated On : 13 Apr 2024 | 11:41 PM IST

Yemen's Houthis rebels target four vessels in Gulf of Aden, says spokesman

The Iran-aligned group attacked "MSC Darwin ship, MSC GINA, MV Yorktown" along with the U.S. destroyer, the group's military spokesman Yahya Sarea said in a televised speech

Yemen's Houthis rebels target four vessels in Gulf of Aden, says spokesman
Updated On : 10 Apr 2024 | 11:46 PM IST

India distressed at escalating tensions in West Asia: Randhir Jaiswal

India on Thursday expressed concern over the deadly attack on Iranian diplomatic premises in Syrian capital Damascus three days back and said that it is distressed at the escalating tensions in West Asia and their potential to fuel further instability. Following the April 1 attack, Iran accused Israel for the strike and vowed to respond to it. Iranian media reported that seven Revolutionary Guards personnel, including two generals, were killed in the attack. "We have noted with concern the attack on Iranian diplomatic premises in Syria on April 1. India is distressed at the escalating tensions in West Asia, and their potential to fuel further violence and instability," External Affairs Ministry spokesperson Randhir Jaiswal said. "We urge all parties to avoid actions that go against commonly accepted principles and norms of international law," he said. Jaiswal's remarks came in response to a query on the attack. The strike came amid Israel's continuing military operations in ...

India distressed at escalating tensions in West Asia: Randhir Jaiswal
Updated On : 04 Apr 2024 | 9:03 PM IST

Underlying fact is that Palestinians have been denied homeland: Jaishankar

Hamas launched a horrific terror attack in Israel on October 7 killing more than 1200 people and holding more than 250 people as hostages, out of which over 100 are still in captivity

Underlying fact is that Palestinians have been denied homeland: Jaishankar
Updated On : 27 Mar 2024 | 10:57 PM IST

Gensol Engineering appoints Kapil Nirmal as CEO of West Asia business

Solar energy solutions provider Gensol Engineering has appointed Kapil K Nirmal as CEO - Middle East to lead its solar EPC (engineering procurement construction) business operations in the region. In his new role, Nirmal will spearhead the region's expansion for Gensol navigating market complexities, ensuring sustainable growth, and establishing Gensol as a prominent player in the Middle East solar PV sector, according to a statement on Wednesday. He has over 18 years of experience in business development, new market establishments, and avenues, having held several positions across top organisations like Emirates Electrical Engineering LLC, Al Rostamani Group, Siraj Power Contracting LLC and Amplus Energy Solutions. He is an alumnus of the University of Cambridge and IIM Calcutta. Gensol has a distinguished track record of over 600 MW in diverse solar projects, including rooftop, ground-mounted, and floating installations across India.

Gensol Engineering appoints Kapil Nirmal as CEO of West Asia business
Updated On : 27 Mar 2024 | 10:42 PM IST

PM Modi calls Belgian counterpart; discusses West Asia, Ukraine peace

Prime Minister Narendra Modi on Tuesday spoke with his Belgian counterpart Alexander De Croo and agreed to enhance cooperation and support for early restoration of peace and security in West Asia and the Russia-Ukraine conflict. During the telephone call, Modi also congratulated De Croo on the successful hosting of the First Nuclear Energy Summit in Brussels last week. After the conversation, Modi tweeted, "Spoke to Belgium PM @alexanderdecroo. Congratulated him on the success of the First Nuclear Energy Summit in Brussels. Exchanged views on strengthening bilateral ties; advancing India-EU Partnership under Belgian Presidency; and cooperation on regional and global issues." De Croo also put out a tweet saying, "Called prime minister @narendramodi to discuss the conflicts in #Ukraine & #Gaza and protecting shipping lanes in the Red Sea. We also talked about our growing commercial relations #semiconductors #pharmaceuticals #greenhydrogen and the upcoming royal trade mission to ...

PM Modi calls Belgian counterpart; discusses West Asia, Ukraine peace
Updated On : 26 Mar 2024 | 6:04 PM IST

L&T wins Rs 5,000 crore major onshore gas pipeline project in West Asia

This is the largest cross-country pipeline EPC (Engineering, Procurement, and Construction) project awarded to us to date, said Subramanian Sarma, whole-time director and senior executive vice prez

L&T wins Rs 5,000 crore major onshore gas pipeline project in West Asia
Updated On : 14 Mar 2024 | 4:40 PM IST

Reorienting policy towards West Asia, chasing the Hindu vote at home

India's alignment with the US-Israel axis, especially after October 7, has been difficult for the Arab world to swallow. Hence, the pressure felt by India to modify its international stance

Reorienting policy towards West Asia, chasing the Hindu vote at home
Updated On : 11 Mar 2024 | 1:54 AM IST

US, French military shoot down Houthi drones after attack on warships

The Houthis have been attacking ships in the Red Sea since November in what they say is a campaign of solidarity with Palestinians during the war in Gaza

US, French military shoot down Houthi drones after attack on warships
Updated On : 09 Mar 2024 | 6:01 PM IST