US and Iran Trade Strikes in Gulf Escalation, First Direct Clash Since July

Indian rupee under pressure from Fed, oil; bonds at risk of further selloff - Reuters

Indian rupee under pressure from Fed, oil; bonds at risk of further selloff  Reuters

Emerging-Market Stocks Fall as Warsh Stokes Fed Rate-Hike Bets

Emerging-market equities and currencies declined as investors weighed the prospect of higher US interest rates following hawkish comments from Federal Reserve Chair Kevin Warsh.

By Prima Wirayani

Oil Rises Amid Renewed Fighting in Middle East - WSJ

Oil Rises Amid Renewed Fighting in Middle East  WSJ

Rupee falls 13 paise to 95.56 as crude rises, Fed hike bets strengthen dollar

On Monday, the Indian rupee began its trading session lower versus the US dollar. The decline was influenced by rising crude oil prices and increasing geopolitical tensions. Furthermore, the prospect of a Federal Reserve rate hike has strengthened the dollar. In response, the Reserve Bank of India is taking measures to stabilize the rupee, while domestic stocks face downward pressure from foreign investors offloading shares.

By SHIVANGHI PAYAL

Sensex falls 300 points, Nifty below 24,100 amid multiple headwinds. What lies ahead?

On Monday, Indian stock indices Sensex and Nifty dipped significantly, with broader market indices like Nifty Smallcap and Midcap also experiencing more severe declines. Major players like Infosys and Tata Steel were among those causing the downturn. In a contrasting trend, HDFC Bank shares managed to rise, reflecting an unusual market sentiment dominated by sellers, leading to more declining stocks than advances.

US-Iran war: US strikes Iranian rocket launchers on Strait of Hormuz in first military action in weeks

Trump posts AI video of Iran's Kharg oil hub in ‘smithereens’ as sides trade first attacks since July

By Phil Stewart and David Lawder

'Kharg Island Being Blown To Smithereens': Trump's New AI Video Attack

Trump's Truth Social posts came hours after the US military carried out air strikes on Iranian rocket launchers on Larak --a small island in the Strait of Hormuz -- in its first attacks on Iran since late July.

Iran attacks US military targets in retaliation for first American strikes in a month

Jordan’s army said it had intercepted eight missiles, without stating their origin.

Asia stocks slip on growing Fed hike bets, fresh Middle East tensions

By Investing.com

Dubai gold prices today: 24K, 22K rates fall as Fed rate-hike bets rise

Latest developments in the US-Iran war

The Middle East war has flared again for the first time in a month, with American strikes on Iran prompting retaliation from Tehran on Monday. Here are the latest developments: – Iran attacks Jordan, UAE – Iran’s Revolutionary Guards said Monday they attacked two US military air bases with ballistic missiles in Washington-allied Jordan, causing Read More: https://punchng.com/latest-developments-in-the-us-iran-war/

By Punch Newspapers

Oil prices surge after US attack on Iran's Larak island - Daily Monitor

Oil prices surge after US attack on Iran's Larak island  Daily Monitor

UAE Business: Oil prices jump 2% as US-Iran strikes revive Strait of Hormuz supply fears - Gulf Daily News (Bahrain)

UAE Business: Oil prices jump 2% as US-Iran strikes revive Strait of Hormuz supply fears  Gulf Daily News (Bahrain)