strait of hormuz

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    Oil Prices Decline Amidst Strait of Hormuz Resumption

    Global crude oil prices experienced a significant drop today following a ceasefire between the United States and Iran, which includes a commitment to resume navigation through the Strait of Hormuz. Brent crude was trading at almost 15.1% lower at $92.79 per barrel, while West Texas Intermediate...
  2. S

    West Asia Conflict: India Supports Strait of Hormuz Navigation

    New Delhi, April 8 India welcomed a two-week ceasefire between the US and Iran on Wednesday and called for "de-escalation, dialogue, and diplomacy" to ensure lasting peace in West Asia.New Delhi also expected unimpeded freedom of navigation and global flow of commerce through the Strait of...
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    Ceasefire Agreement: UN Secretary-General Expresses Hope

    United Nations, April 8 UN Secretary-General Antonio Guterres welcomed the announcement of a two-week ceasefire by the US and Iran on Wednesday, stating that an end to hostilities is urgently needed to protect civilian lives and alleviate human suffering."He welcomes the announcement of a...
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    Pezeshkian Reaffirms Iran's Participation in Talks

    Islamabad, April 8 Iranian President Masoud Pezeshkian has confirmed Tehran's participation in Pakistan-facilitated peace talks with the US in Islamabad, Prime Minister Shehbaz Sharif said on Wednesday.Shehbaz said he had a "warm and substantive" telephone conversation with President...
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    India-US Partnership Under Review as Misri Visits Washington

    Washington, April 8 Foreign Secretary Vikram Misri began a three-day visit to the US on Wednesday to meet with senior officials to review bilateral trade and defence relations and discuss global developments, including the crisis in the Middle East.The visit of the foreign secretary offers an...
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    Gold Rises as US-Iran Ceasefire Spurs Rally

    New Delhi, April 8 Gold prices surged by Rs 3,007 to Rs 1.53 lakh per 10 grams in futures trading on Wednesday due to increased buying driven by a weak US dollar and a sense of relief after Washington and Tehran agreed to a two-week ceasefire.On the Multi Commodity Exchange, the yellow metal...
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    Currency Fluctuations: Rupee Strengthens After RBI Pause

    Mumbai, April 8 The rupee appreciated by 47 paise to close at 92.59 (provisional) against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral...
  8. D

    Global Uncertainty Drives Silver Price Increase

    New Delhi, April 8 Silver prices surged by Rs 15,028 to Rs 2.46 lakh per kilogram in futures trading on Wednesday, driven by strong global trends and increased investor sentiment following the announcement of a two-week ceasefire by the US and Iran.On the Multi Commodity Exchange, the silver...
  9. M

    Indonesia Urges Dialogue Following Ceasefire

    Jakarta, April – Indonesia welcomed the announced ceasefire between the United States and Iran on Wednesday, describing it as a positive step toward de-escalation.Indonesia's Foreign Ministry spokesperson, Yvonne Mewengkang, said at a press conference that Indonesia sees this as a positive...
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    India Issues Travel Advisory for Nationals in Iran

    Dubai, April 8 India advised its nationals in Iran on Wednesday to "expeditiously exit" the country, using routes suggested by its mission in Tehran, in light of recent developments.In an advisory, the Indian embassy in Tehran also reiterated that there should be "no attempt to approach any...
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    RBI Maintains Neutral Policy Stance Amid Economic Growth

    April 08, New Delhi: The Reserve Bank of India announced its latest monetary policy decision on Wednesday. The Monetary Policy Committee, led by RBI Governor Sanjay Malhotra, has maintained the repo rate at 5.25 percent, while maintaining a "neutral" policy stance.This decision comes amid...
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    India Welcomes US-Iran Ceasefire, Calls for Diplomacy

    April 08, New Delhi: India's Ministry of External Affairs welcomed the two-week ceasefire between the US and Iran, expressing hope that it will lead to lasting peace in West Asia.In a statement on Wednesday, the ministry emphasized that de-escalation, dialogue, and diplomacy remain essential...
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    West Asia: India Calls for De-escalation

    New Delhi, April 8 India welcomed a two-week ceasefire between the US and Iran on Wednesday, calling for "de-escalation, dialogue, and diplomacy" to ensure lasting peace in West Asia."We welcome the ceasefire that has been reached and hope that it will lead to lasting peace in West Asia. As we...
  14. S

    West Asia: India Acknowledges US-Iran Ceasefire and Peace Prospects

    New Delhi, April 8 – India welcomed the ceasefire agreement reached between the US and Iran on Wednesday and expressed hope that the ceasefire would lead to lasting peace in West Asia.In a statement, the Ministry of External Affairs (MEA) reiterated that dialogue and diplomacy are important...
  15. N

    Starmer Visits Gulf to Support US-Iran Ceasefire

    London, April 8 British Prime Minister Keir Starmer begins a visit to the Gulf region on Wednesday to discuss diplomatic efforts to support and uphold the ceasefire agreed between the US and Iran overnight.Downing Street said his visit to the Gulf region is aimed at achieving a lasting...
  16. M

    India Hopes for Lasting Peace After US-Iran Agreement

    India has welcomed the ceasefire agreement reached between the United States and Iran.In a statement, the Ministry of External Affairs expressed hope that it will lead to lasting peace in West Asia and unimpeded freedom of navigation and global trade through the Strait of Hormuz.The Ministry...
  17. Z

    Fresh Advisory: India Asks Citizens to Expedite Departure from Iran

    Tehran, April 8: India advised its citizens in Iran on Wednesday to leave as quickly as possible, using only the routes suggested by the embassy, despite the ceasefire agreement between the US and Iran.In an advisory, the Indian Embassy in Tehran said, "In continuation of the advisory of April...
  18. S

    Crude Oil Drops Below $100 Amid Geopolitical Calm

    New Delhi, April 8 Crude oil prices plummeted by 18 percent to Rs 8,775 per barrel in futures trading on Wednesday, following an agreement between the US and Iran to a two-week ceasefire and the reopening of the Strait of Hormuz, triggering heavy selling by traders as geopolitical risk vanished...
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    Trump Suspends Iran Strikes, Israel Offers Conditions

    Jerusalem, April 8 Israel supports US President Donald Trump's decision to suspend strikes against Iran for two weeks, but said it does not apply to Hezbollah in Lebanon, the office of Prime Minister Benjamin Netanyahu said on Wednesday."Israel supports President Trump's decision to suspend...
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    India's Economy Faces Uncertainty as RBI Waits on Geopolitical Impact

    Mumbai, April 8 – The Reserve Bank of India maintained its key policy rate unchanged on Wednesday, adopting a cautious approach while assessing the impact of the six-week Iran conflict on energy supplies, inflation, and economic growth.The central bank's Monetary Policy Committee voted...
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