Conflict escalates in the Middle East: Israeli-American air strikes hit Iran, Tehran, and Beirut—thousands displaced, global crisis deepens
The Middle East conflict escalates sharply as Israel and the United States intensify military operations against Iran following a series…
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Besides, sluggish global market trends, weakness in the rupee and persistent foreign capital outflows also rattled investor sentiment, analysts said
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The rupee previously recorded its lowest intra-day low of 92.35 against the greenback on March 9
- Rupee falls 31 paise to 92.32 against U.S. dollar
A weak start to the session at the domestic equity markets further weighed on the local unit, according to traders
- Brent crude oil tops $100 a barrel as Iran attacks on shipping worsen supply concerns
An initial investigation from Iraqi security officials showed explosive-laden boats from Iran had hit the two tankers.
- West Asia conflict: India hails IEA move to release emergency oil stocks
New Delhi said it was closely monitoring the “evolving situation in global energy markets”, and stands ready to take “appropriate measures, as necessary”
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FBI, police at the scene; all Jewish organisations in the area asked “to go into lockout protocol — nobody in or out of your building”
- Iran-Israel war LIVE: Iran’s new Supreme Leader says attacks on Gulf Arab neighbours will continue
In his first statement, Ayatollah Mojtaba Khamenei calls on regional countries to close U.S. bases and also says vengeance is priority ‘until fully achieved’
- Strait of Hormuz must remain closed, says Iran’s new leader
Pledging to avenge “the blood of the martyrs”, the 56-year-old cleric said the “effective and regret-inducing defence” by the Iranian armed forces would continue
- West Asia conflict: Saudi oil tanker reaches Mumbai after crossing Strait of Hormuz
Shenlong, a tanker managed by Dynacom, sailed from Ras Tanura in Saudi Arabia and docked at the Mumbai port at 4.30 p.m. on March 11, according to a ship-tracking website
- Trump says U.S. benefits from high oil prices; Iran, Israel continue to exchange fire
Ali Larijani, Secretary of Iran’s National Security Council, responded to Mr. Trump, saying if Iran’s electricity grid is targeted, “the whole region will go dark”
