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President Donald Trump has reiterated his 48-hour ultimatum to Iran to reopen the Strait of Hormuz, threatening to 'obliterate' its power plants and energy infrastructure. Tehran has warned it will respond with attacks on U.S. and Israeli energy targets if its facilities are targeted and stated the strait is open to all except "enemy" ships.
Gold and silver prices have extended their losses, with gold slipping to a nearly four-month low and silver down 3% as investors flee safe haven metals. The rapid decline, including a Dh15 per gram drop in Dubai, is noted in the context of the Iran conflict, which continues to weigh on investor sentiment.
Following US President Donald Trump's threat to "obliterate" Iran's power plants, Iran has warned of attacks on Persian Gulf energy systems and threatened to deploy mines in the Gulf if its coasts are hit, prompting warnings from China and reactions from Russia.
The IEA chief has warned that over 40 Middle East energy assets have been severely damaged, requiring significant time to repair. This comes as a new phase of the Iran war targets oil and gas infrastructure in the Persian Gulf, threatening long-term economic damage to businesses and consumers worldwide.
US and Israeli forces have reportedly carried out extensive, "unprecedented" strikes across Iran, including on a nuclear facility, as US President Donald Trump's 48-hour ultimatum to Tehran is set to expire.
An ambassador claims that units of Iran's IRGC and Basij are skipping duty, indicating widening cracks within the tyrannical regime in Tehran.
Residents in Kashmir are reportedly making donations, including piggy bank savings and family gold, to support Iran amidst the ongoing conflict.
Prime Minister Narendra Modi addressed parliament, highlighting India's diversified energy imports and commitment to energy security amidst global tensions, while also discussing the worrisome West Asian crisis, the impact of Hormuz disruption, and support for Indians abroad.
The war in the Middle East continues to escalate, impacting global markets and leading to significant losses on European stock exchanges. US natural gas exporters are benefiting as Asian governments seek alternatives to Middle East fuel, while oil prices continue to rise.
A British national detained in Iran has issued a plea to UK Prime Minister Keir Starmer, urging him to "step out of the shadows" and intervene in his case.
Sports nutrition business Applied Nutrition reported increased profits but warned shareholders that sales in the Middle East would be affected by the Iran war due to disruptions in shipping routes and changes in purchasing habits.
An analysis suggests that China is likely to maintain its neutrality in the ongoing Iran war, playing a 'long game' in the conflict, according to the director of the China Office at the Asia Consultative Group.
Global stock markets have plunged, oil prices surged, and gold extended losses as investors react to escalating Middle East tensions and Iran's strikes, prompting financial advisers to offer guidance on managing retirement accounts.
UK Prime Minister Keir Starmer is dealing with the economic fallout from the Iran crisis and mockery from US President Trump, who shared a 'Saturday Night Live' sketch, prompting UK ministers to discuss responses to energy prices.
India-flagged very large gas carriers, Jag Vasant and Pine Gas, are continuing their transit through the Strait of Hormuz, moving northward from the UAE coast towards Iran's Qeshm and Larak islands, amidst reports of potential further relief.
European stock markets, including the Danish C25 index, are anticipated to open sharply lower as the ongoing war in Iran and President Trump's deadline regarding the Strait of Hormuz negatively affect global market sentiment, with most Danish stocks in the red.
UK Prime Minister Keir Starmer and US President Donald Trump held a constructive phone call, agreeing on the essential need to reopen the Strait of Hormuz. Following the discussion, Starmer is set to chair a Cobra meeting to address the Iran war and Middle East crisis.
Israel's tactics of mass expulsion of civilians in Lebanon are being scrutinized for potentially violating international law and constituting a war crime.
In Kashmir, donations ranging from piggy bank savings to family gold are pouring in to support Iran, reflecting a strong outpouring of solidarity.
President Trump's military operations against the Islamic Republic aim to end 47 years of Iranian terrorism and support Iranian people's freedom movement.
A recent survey indicates that Ukrainians are becoming more pessimistic about the prospects for peace, as the ongoing Iran war is reportedly delaying peace talks for Ukraine and global supplies of air defense missiles.
The conflict involving Iran is causing new inflationary stress across African economies, which are already recovering from previous shocks. Higher energy and fertilizer prices are threatening the continent's fragile economic recovery.
An analysis suggests that China is maintaining neutrality in the ongoing Iran conflict as part of a 'long game' strategy, aiming to position itself advantageously in the evolving geopolitical landscape.
Global stock markets, including Wall Street, Milan, FTSE 100, and Athens, have suffered significant losses, while oil prices continue to rise, driven by escalating Middle East conflict, Trump's ultimatum to Iran, and threats of supply disruption from the Persian Gulf.
Israeli settlers have rampaged through West Bank towns for a second consecutive night, with reports of homes being torched and Palestinians beaten. This violence continues amidst claims of 'ethnic cleansing' and fatalities since the recent Israel-US attack on Iran.
An Iranian missile barrage has caused damage in several locations across central Israel, leading to scrutiny of Israel's Iron Dome air defense system after the strikes, which occurred near nuclear sites.
Analysts are raising concerns about the US's ability to independently secure the Strait of Hormuz without allies, amidst Iranian threats and rising energy prices, questioning the nation's preparedness for potential conflict and Trump's erratic strategy.
A new study reveals that Israel is a primary target for cyberattacks on critical infrastructure, with most attacks exploiting communication protocols to gain remote control of industrial processes.
The war in Iran presents a "concerning situation" given India imports significant quantities of crude oil and gas from Gulf nations, Prime Minister Narendra Modi told Parliament Monday.
One of two Japanese nationals detained in Iran has safely returned home in good health, confirmed Japan's top government spokesperson.
Iran has issued warnings to Baku following an alleged Israeli strike on its Caspian fleet in maritime space shared with Russia, signaling a widening of the conflict.
Iran's nuclear and ballistic missile programs are advancing, making the imminent threat debate critical to U.S. national security decision-making.
Iran expert Karim Sadjadpour discussed potential outcomes for the US and Iran amidst growing threats, noting recent missile and drone activity in the region.
Iran has expressed gratitude to the youth in Shia-dominated areas of Kashmir for collecting donations for those affected by the West Asia war, highlighting the humanitarian support.