Trump’s war with Iran has fueled one of the biggest spikes in gasoline prices in recent decades, lifting pump prices to the highest levels he’s seen as president.
While continuing its military campaign, Iranian leaders have also attempted to calm concerns among neighbouring Gulf countries that have been caught in the crossfire of the conflict.
Iran’s head coach Marziyeh Jafari had earlier indicated that the players wanted to return home as soon as possible. The asylum requests have now placed the team at the centre of a wider geopolitical controversy.
Union Shipping Minister Sarbananda Sonowal has already reviewed the situation and instructed officials to prioritise the safety of Indian sailors and maritime assets.
China’s Foreign Ministry said both sides “maintain communication on the interaction between the two heads of state,” without elaborating.
Brent futures were down $10.45, or 10.6%, at $88.51 a barrel by 1504 GMT (11:04 a.m. EDT), while U.S. West Texas Intermediate (WTI) crude was down $10.61, or 11.2%, at $84.16
Toronto police said on X they responded to reports of shots at 5:29 a.m. (0929 GMT) and found evidence of a discharged firearm
A spike in oil prices and worries about shipping in the Persian Gulf are already rattling markets and raising fears about inflation and slower growth.
The tech giant is targeting the equivalent of about $37 billion to $42 billion in a cross-Atlantic offering in dollars and euros, according to people with knowledge of the matter.
Pakistan’s response reflects the tightrope its leadership now faces as it attempts to maintain ties with Iran while also trying not to alienate Washington.
Recent strikes on water facilities in Bahrain and Iran are raising alarm across the Gulf, where millions rely on desalinated seawater for drinking water.
Emirates, the world’s largest international carrier, is operating a reduced flight schedule to about 100 destinations in more than 50 countries
The G-7 wants to be ready to deploy oil reserves if needed, and tasked the International Energy Agency with studying the volumes that could be released
From chemical manufacturers and textile processors to mining companies and exporters of mangoes and diamonds, the impact of the energy shock is spreading across multiple industries.
China has quietly built a multi-layered strategy over the past twenty years to ensure that its economy can withstand disruptions in global oil routes such as the Strait of Hormuz.
India had been winding down its purchases of Russian oil since last year in response to US pressure, filling the gap with replacement barrels from Saudi Arabia and Iraq — only to find supplies cut off by a widening conflict in the Middle East.
The shipment reached the Parbatipur depot in Dinajpur, northern Bangladesh, from the Numaligarh refinery in Assam through the Bangladesh-India Friendship Pipeline.
Iran War News: Hegseth avoided giving a clear timeline for how long the military campaign against Iran could last, saying the decision ultimately rests with Trump.
Iran War News: Trump earlier said he was "not happy" with the appointment of Mojataba Khamenei to replace his slain father as Iran's supreme leader.
The disruption could ripple through energy markets, fertiliser supply chains and global shipping routes, eventually pushing up food prices and affecting agricultural production.
Upheaval has spread across the Middle East and beyond since the US and Israel launched strikes on Iran on February 28
Rising oil prices and disruptions in global energy supply chains, particularly due to the closure of Strait of Hormuz, are boosting Russia's energy revenues
Investigations over the years have suggested that the Khamenei family’s influence extends far beyond politics into a complex web of international properties, investments and economic institutions.
It’s a deeply political project, shaped by the Party’s perception of internal vulnerabilities as much as by its assessment of external threats. Beijing intends to press forward with more money, more institutional reform and more political control
The US administration has continued to blame Iran for the incident. The Pentagon has said it is investigating what happened.
H-1B Visa News: The Welcoming International Success Act seeks to reverse several controversial provisions introduced under the 2025 presidential proclamation.
Strait of Hormuz crisis: Trump's threat follows a dramatic collapse in maritime traffic through the narrow passage, which normally carries a large share of global oil and gas shipments.
Governments across the region are capping fuel prices, rationing energy and tapping reserves as the Middle East conflict disrupts oil supplies.
In a summary of the first days of the operation, CENTCOM detailed several air, naval and missile defence systems used in the conflict and described the roles they play in modern warfare.
From deadly protests on its streets to a worsening fuel crisis, a fragile economy and a simultaneous border conflict with Afghanistan, Islamabad is now grappling with multiple crises at once.
Donald Trump Jr and Eric Trump are investing in a drone company that plans to go public, as defence technology attracts growing investor interest.
Indian intelligence sources told CNN-News18 that Mojtaba may also have suffered injuries during an airstrike, saying that the possibility cannot be ruled out.
Iran War News: The disruption in energy markets caused by the Iran war quickly pushed oil prices higher, strengthening Russia’s most important revenue stream.
The maritime artery is a key focus for investors at present because its effective closure during the conflict has thrown the global energy market into disarray, forcing Persian Gulf producers to lock-in oil output as storage capacity runs out.
Beijing is signalling that diplomacy with Washington matters more than geopolitical tensions, even as it criticises the US military campaign against Iran.
Created to defend Iran’s 1979 revolution, the Islamic Revolutionary Guards Corps has grown into the country’s most powerful military, political and economic force.
Iran’s ballistic missiles remain its most powerful weapon against Israel and the US, but the crews that launch them are now operating under constant surveillance and deadly pressure.
The son of Ayatollah Ali Khamenei has long operated quietly behind the scenes. His appointment signals continuity of Iran’s hardline system during a moment of war and crisis.
From rejection texts to relationship advice, many young people are turning to chatbots to navigate social situations. Experts say the trend may come with hidden emotional costs.
All 36 Indian-flagged vessels currently operating in and around the strait and adjoining waters are safe and have adequate provisions on board. However, none have been able to transit the area so far due to the volatile security situation.
The strait is a key corridor for India's energy shipments and petrochemical feedstock used in chip manufacturing and a prolonged disruption can affect the availability and pricing of specialised gases and chemicals used in fabrication
The military said it was vital that sea routes remained safe, secure and uninterrupted because 90 percent of Pakistan's trade is moved by sea
As the world watches the Iran war, China’s latest blueprint on AI, robotics and critical minerals is raising bigger questions about US strategic vulnerability.
To manage the impact of LNG supply disruptions, oil refining companies have been asked to absorb part of the strain by reducing gas allocation to refineries to around 65% of their past six-month consumption, depending on operational feasibility
The alert briefly disrupted operations at the airport, one of the world’s busiest aviation hubs, with travellers directed away from terminals as precautionary measures were activated.
Aramco released its annual results Tuesday. It planned to brief investors later in the day as the war that began Feb. 28 has seen Iranian drones and missiles target its facilities. Aramco, formally known as the Saudi Arabian Oil Co., reported profits of $110 billion in 2024.
Listings in parts of the emirate saw steep price reductions within hours as uncertainty from the Middle East conflict rippled into the luxury property market.
Trump says the US Navy has sunk 46 Iranian ships as Washington sends mixed signals on the war timeline and Iran’s Revolutionary Guards respond.
A political settlement could end the fighting relatively quickly. But the commercial systems that allow global oil to move safely through maritime chokepoints operate on much slower regulatory and actuarial cycles.
A clip spreading online captures a reporter speaking in front of a massive fire at what appears to be a fuel storage site in Tehran, highlighting the scale of damage after reported Israeli strikes on Iran’s oil infrastructure.