Tag: west asia war

Rupee falls 9 paise to 94.94 against U.S. dollar in early trade

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Rupee falls 9 paise to 94.94 against U.S. dollar in early trade

Forex traders said Dollar Index was nearer to 99 levels while oil prices rose to $93 per barrel after Israel-Lebanon conflict escalated following sharp weekly drops as Washington and Tehran discussed potential ceasefire that could eventually ease out the disruptions around Strait of Hormuz. | Photo Credit: Reuters The rupee depreciated 9 paise to 94.94…

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Business

Trump appears to threaten to ‘blow up’ ally Oman over Strait of Hormuz control

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Trump appears to threaten to ‘blow up’ ally Oman over Strait of Hormuz control

U.S. President Donald Trump speaks during a cabinet meeting | Photo Credit: Reuters President Donald Trump on Wednesday (May 27, 2026) appeared to threaten to attack U.S. ally Oman if it sides with Iran over reopening the Strait of Hormuz. Mr. Trump said Oman must “behave” or he would “blow them up,” when he was…

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World

China supports ‘active mediation’ by Pakistan between U.S.-Iran, says Foreign Minister Wang Yi

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China supports ‘active mediation’ by Pakistan between U.S.-Iran, says Foreign Minister Wang Yi

Chinese Foreign Minister Wang Yi speaks with the media at the UN headquarters in New York City, U.S. on May 26, 2026. | Photo Credit: Reuters China has said it supports the “active mediation” by Pakistan and other countries between the U.S. and Iran in the ongoing West Asia conflict. “Regarding the current situation, the…

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World

Conference at UN to review nuclear non-proliferation treaty fails to reach agreement

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Conference at UN to review nuclear non-proliferation treaty fails to reach agreement

An Iranian woman who lost two of her children in the Minab school strike on February 28 | Photo Credit: Reuters — A four-week United Nations conference reviewing the treaty to prevent the spread of nuclear weapons ended Friday (May 22, 2026) without agreement as the United States and Iran sparred over Iran’s nuclear program….

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World

Chennai Port-Maduravoyal corridor sees progress, to be ready in Nov 2027

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Chennai Port-Maduravoyal corridor sees progress, to be ready in Nov 2027

S. Viswanathan, chairperson of the Chennai Port Authority and J.P. Irene Cynthia, managing director of Kamarajar Port Limited addressed the media on Friday. | Photo Credit: RAGHUNATHAN SR About 25-27 % of the work has been completed on the 21-km double-tier Chennai Port-Maduravoyal elevated corridor and it will be ready by November 2027, S. Viswanathan, chairperson…

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Nation

India’s gems, jewellery exports down 9.07% in April at $2,226.45 million

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India’s gems, jewellery exports down 9.07% in April at ,226.45 million

The total exports were $2,448.53 million (₹20,952.26 crore) in the same month in 2025, as per the data by the industry apex body GJEPC. | Photo Credit: Reuters India’s gems and jewellery exports declined by 9.07% at $2,226.45 million (₹20,825.01 crore) in April following the West Asia conflict, the Gem & Jewellery Export Promotion Council…

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Business

Tehran could withstand blockade for four months, CIA report shows, as fighting flares

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Tehran could withstand blockade for four months, CIA report shows, as fighting flares

Vessels in the Strait of Hormuz, Musandam, Oman, May 8, 2026. | Photo Credit: Reuters Efforts to end the war between the U.S. and Iran appeared to stall as the two sides traded fire in ‌the Gulf on Friday (May 8, 2026), while a U.S. intelligence analysis concluded Tehran could withstand a naval blockade for…

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World

Indian sailor killed in dhow fire near Strait of Hormuz

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Indian sailor killed in dhow fire near Strait of Hormuz

Vessels in the Strait of Hormuz, Musandam, Oman, May 8, 2026. (Representational image) | Photo Credit: Reuters An Indian sailor was killed and several others injured after their wooden dhow caught fire near the Strait of Hormuz, government sources said on Saturday (May 10, 2026). 17 other Indian crew members were rescued following the incident…

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World

U.S. fire on Iran tankers sparks reprisals as deal hangs in balance

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U.S. fire on Iran tankers sparks reprisals as deal hangs in balance

A U.S. fighter jet disabled two Iranian-flagged tankers to enforce a port blockade on Friday, prompting retaliatory attacks and rattling a shaky truce as Tehran weighed Washington’s latest proposal to end the West Asia war. Iranian officials accused the United States of violating the ceasefire with the tanker strikes and hampering diplomatic efforts to end…

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World

Iran says it wants a ‘comprehensive agreement’ with U.S.

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Iran says it wants a ‘comprehensive agreement’ with U.S.

Iranian Foreign Minister Abbas Araghchi is greeted by his Chinese counterpart Wang Yi prior to their bilateral meeting in Beijing on May 6, 2026. | Photo Credit: AP Iran ​will only accept “a fair and comprehensive agreement” in its negotiations with the U.S. on ending the war in the ‌West Asia, its Foreign Minister said…

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World