World News

Chart of the Day | Strait to catastrophe

The closure of the Strait of Hormuz has unleashed a multi-layered crisis, sending oil above $100 while threatening catastrophic ripple effects through global food production, industrial metals, and supply chains

G7 to discuss emergency oil reserve release as Gulf war drives crude prices above $116: Report

G7 finance ministers will discuss releasing strategic oil reserves in an emergency call with the IEA as Gulf conflict pushes crude prices above $116.

Amazon pushes back against Musk’s huge satellite plan

Amazon has told US regulators that SpaceX’s idea of eventually putting up to one million satellites in orbit is unrealistic and could create serious problems in space.

Iranian sailor reportedly called father minutes before US strike on warship

A report claims a sailor aboard the Iranian destroyer IRIS Dena told his father that US forces had warned the crew to abandon the ship shortly before it was hit.

Stranded in Dubai as flights halt, tourist says daily costs are touching Rs 46,000

With regional airspace disruptions during the ongoing Middle East conflict, some travellers in the UAE say hotel stays and daily expenses are rapidly adding up.

Suspense over Trump’s Beijing trip as Iran war complicates US-China ties

Plans for reciprocal visits between the two leaders were first signalled after they met in person in South Korea last year

Israel searches Lebanon village for missing airman four decades later

Israel carried out air and ground strikes in southern Lebanon while searching for the remains of pilot Ron Arad, whose disappearance in 1986 still haunts the country.

Why gold hasn’t jumped despite the Middle East conflict

Gold normally rallies when wars break out, but this time prices have moved unevenly as a strong dollar and investor behaviour keep the metal from surging.

A new digital chokepoint? How Strait of Hormuz crisis could disrupt India’s internet | Explained

Iran War News: The same corridor that carries oil tankers also hosts a dense network of undersea fibre optic cables that are crucial for India’s international internet connectivity.

Crude surges past $117: Sensex, Nifty post sixth-biggest single-day decline as oil shock rattles markets  

The Sensex dropped more than 2,400 points while the Nifty fell about 702 points, making it the sixth-largest fall in absolute points for the two benchmark indices.

Trump says decision to end war with Iran will be 'mutual' with Israeli PM Netanyahu

Trump stated that the Islamic Republic would have destroyed Israel if he and Netanyahu had not been around.

From the Strait of Hormuz to the Strait of Malacca: How disruptions in key maritime chokepoints could spark a global energy crisis

Maritime chokepoints like the Strait of Hormuz, Strait of Malacca and Singapore Strait are vital arteries of global trade. Disruptions in these routes could spark supply shocks and send energy prices soaring worldwide.

Qatar PM describes 'big sense of betrayal' by Iranian strikes on Doha, Gulf states

He warned that the escalation risks destabilising the Middle East and triggering global economic shockwaves.

Circuit breaker in South Korea: When global markets last halted trading

South Korea’s stock exchange triggered a circuit breaker on Monday after sharp losses in equities amid rising concerns over the Middle East conflict and surging global oil prices.

'Bringing home the gold': US Interior Secretary confirms arrival of $100 million of gold from Venezuela

Burgum said given that US President Donald Trump had promised a golden age of abundance, the first critical mineral coming from Venezuela will be solid gold bars.

Iran fires fresh missiles at Israel as Mojtaba Khamenei takes charge as supreme leader; West Asia conflict widens

Iranian state broadcaster Islamic Republic of Iran Broadcasting said the missiles were fired toward what Tehran calls "occupied territories", with images circulating on state media showing a projectile bearing the slogan “At Your Command, Sayyid Mojtaba.”

‘WTF’: US jolted by Israel’s Iran fuel depot strikes, says attack was ‘not a good idea’

US officials raised concerns after Israel struck 30 Iranian fuel depots, with Washington was surprised by the scale of the attacks.

Jobs fall, gas prices jump, stocks slip: Trump’s ‘roaring economy’ faces an early test

US job losses, rising gasoline prices and stock market declines challenge Trump’s claim of a “roaring economy” amid the Iran conflict.

Iran War News March 9 Highlights: Iran Guards say they 'will determine the end of the war'

The humanitarian toll continued to climb. Reports indicate over 1,200 people have been killed in Iran, while more than 300 have died in Lebanon and around a dozen in Israel since the start of the conflict.

OPINION | In the second week of the US-Israel-Iran war, the region confronts four known unknowns

US and Israel don’t appear to have the same political aims; Gulf Arabs aren’t getting air defence replenishments fast enough and Iran’s regime faces a succession dilemma that can undermine cohesion

Iran war shock sends oil up 30%, pushing prices above $118

Even if the fighting ends quickly, analysts warn that damage to infrastructure, disrupted logistics and heightened risks to shipping could keep fuel prices elevated for weeks or months, affecting businesses and consumers worldwide.

Dollar surges as US-Iran war pushes oil past $100 a barrel

Surprisingly weak US jobs data had on Friday briefly stalled dollar gains, and raised expectations for US rate cuts, but that faded somewhat on Monday morning and US stock futures tumbled, too, with S&P 500 futures down 1.6%.

Tehran indicates Khamenei's son will be named supreme leader as Israel expands Iran strikes

US President Donald Trump said on Sunday Washington should have a say in the selection

Russia sharing intel on US forces with Iran? Tehran says Moscow helping in ‘many directions’

Earlier reports said Russia had been sharing intelligence with Iran on the location of US forces in West Asia

Rising internal anger, external pressure: Here's why ruling Iran won't be the same for Khamenei's successor

Ayatollah Ali Khamenei was killed by US and Israeli strikes a week ago and his hardline son Mojtaba Khamenei is seen as a frontrunner to succeed him

US defends waiver to route stranded Russian crude to Indian refineries

Energy Secretary Chris Wright and US Ambassador to the UN Mike Waltz said last week’s waiver permitting India to buy Russian oil would help ease pressure on global markets.

Trump says next Iran leader won't 'last long' without his approval

Iranian media reported that two assembly members, Ayatollah Mohsen Heidari Alekasir and Ahmad Alamolhoda, indicated that a successor had already been chosen

Two killed, 12 injured after projectile fell on residential location in Saudi Arabia

The two people killed were of Indian and Bangladeshi nationalities, it added in a post on X.

Explosions in Iran, new attacks across Gulf as West Asia conflict widens: Top updates

Israeli strikes on Lebanon have killed 394 people in the past week, including 83 children and 42 women, the country's health minister said

Iran's FM Abbas Araghchi says it can’t strike US soil, justifies attacks near American bases

Araghchi also said Donald Trump 'should apologize to people of the region and the Iranian people for the killings and destruction they have done against us'

Israel military says struck Iran Guards 'space force' HQ

The military said the site included research facilities as well as the command-and-control centre for the "Khayyam" satellite, which was used to "monitor the State of Israel and its residents"

Iran's top diplomat says Iran, not Trump, will elect new leader

Trump has asserted he should have a role in picking Iran's next supreme leader after Ali Khamenei died in the opening salvos of the US-Israeli attack that began nine days ago

From 1776 to 2026: Adam Smith's lessons for the global economy

The foundational text of classical economics was published on March 9, 1776, the same year as the US Declaration of Independence, 13 years before the French Revolution, and amid the early convulsions of the Industrial Age.

Video: Apocalyptic blaze lights up Tehran as massive fire rages after strikes

Warplanes hit multiple oil storage sites in and around Tehran, triggering huge fires and sending thick black smoke billowing across the city. The smoke was visible even from nearby areas such as Karaj.

Israel says it targeted Iranian commanders in Beirut as death toll nears 400

The drone strike was the first within the city limits of Lebanon's capital since Israel-Hezbollah hostilities resumed last week

Israel expands Iran strikes as Tehran moves to name new supreme leader

Israel's military threatened to kill any replacement for Khamenei, while US President Donald Trump said the war might only end once Iran's military and rulers had been wiped out

Explained: Why water desalination plants are vital for Gulf countries

Desalination plants convert seawater into fresh drinking water by removing salt and other minerals. The most widely used method is a process called Reverse osmosis, which pushes seawater through ultra-fine membranes that filter out salt.

UAE denies entering Iran war after reports of striking Tehran's desalination facility

The UAE had been considering its response after Abu Dhabi and several Gulf nations came under attack from Iran following strikes launched by the US and Israel on February 28.

Bangladesh rations fuel as Mideast war deepens energy crunch

Following the US and Israeli attacks on Iran, and Tehran's retaliatory strikes throughout the Gulf, the national oil company, Bangladesh Petroleum Corporation (BPC), restricted fuel sales for most vehicles.

‘Trump must pay the price for killing Khamenei’: Iran’s top official warns; US president shrugs it off

“We will not leave him alone. He must pay the price for what he did. He killed our leader and martyred more than 1,000 of our people. This is not a simple matter,” Larijani said.

Why US and Israel are considering special forces to neutralise Iran’s uranium stockpile

The discussions come after the start of a major military confrontation on February 28, when the US and Israel launched a coordinated offensive against Iran

21 killed in Iran's strike on US Navy's Fifth Fleet in Bahrain: Report

The Fifth Fleet operates out of the Naval Support Activity Bahrain base and is responsible for US naval operations across the Gulf, the Arabian Sea and parts of the Indian Ocean

Bahrain says Iran hit a desalination plant, stoking fears of attacks on civilian sites

A late-night Israeli strike on an oil facility covered Iran’s capital, Tehran, in smoke on Sunday, while Israel renewed its attacks in Lebanon.

Russia says it is ‘not neutral’ in Iran–Israel conflict

Russia’s ambassador to the United Kingdom, Andrey Kelin, said Moscow stands in solidarity with Tehran and believes the Western narrative surrounding the conflict is unfair.

Panel picking Iran's supreme leader has reached consensus: Report

Iranian media said the group had a minor disagreement over whether they would need to meet in person to issue their final decision, or bypass this formality

How Iran is trying to punch holes in US air defences in the Middle East

Missile volleys, drone swarms and electronic disruption are being used to test the network that protects American bases and Gulf allies.

‘Don’t go out for videos, photos': Indian embassy's advisory to nationals in UAE amid Iran war

Gulf nations are at the centre of the confrontation between the United States and Iran. Tehran has been attacking American military bases located in Arab countries in response to US-Israeli strikes that also resulted in the killing of the country’s supreme leader Ayatollah Ali Khamenei.

US intelligence doubts Iran war will topple the regime

Assessment before the strikes said even a major military campaign would struggle to bring down Iran’s entrenched political system.

Will pursue every successor of Iran Supreme Leader Khamenei, says Israel

The statement from Israel comes after reports emerged that Iran's Assembly of Experts has more or less reached a majority consensus on who will be Iran's next Supreme Leader and succeed Ayatollah ‌Ali Khamenei.