strait of hormuz

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    Gold Market Volatility: Oil Prices and Geopolitics Impact Sentiment

    New Delhi, April 7 Gold prices fell by Rs 610 to Rs 1.49 lakh per 10 grams in futures trading on Tuesday as rising crude oil rates and escalating tensions in the Middle East dampened demand for the safe-haven asset and kept investors cautious.On the Multi Commodity Exchange, the yellow metal...
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    West Asia Instability: Israel Targets Iran's Infrastructure

    Tensions in West Asia are escalating further as Israel carried out strikes on Iran's energy infrastructure yesterday. Israel targeted Iran's South Pars gas field in Asaluyeh, the country's largest gas facility. This development has raised concerns about retaliation and potential disruption to...
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    Crude Oil Futures Hit Record High Amid US-Iran Tensions

    New Delhi, April 7 Crude oil prices rose by nearly 3 per cent to hit a record high of Rs 10,888 per barrel in futures trading on Tuesday, driven by strong global cues as tensions between the US and Iran intensified ahead of President Donald Trump's deadline for reopening the Strait of Hormuz...
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    US Peace Plan Rejected; Iran Demands Permanent End to War

    April 07, New Delhi: Iran has rejected a 15-point peace plan proposed by the U.S., instead calling for a permanent end to the conflict on Monday.Iran stated that it desired a lasting end to the war with the U.S. and Israel, and pushed back against pressure to reopen the Strait of Hormuz...
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    Revised UNSC Resolution Addresses Iran's Strait of Hormuz Blockade

    April 07, New Delhi: The UN Security Council is scheduled to vote on Tuesday on a revised resolution addressing Iran's threats to the Strait of Hormuz.Iran has effectively blockaded the critical waterway since the United States and Israel launched the war, sending ripples throughout the global...
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    Crude Oil Futures Hit $116, India Sees Record Prices

    New Delhi, April 7 Crude oil prices surged by Rs 300, hitting a record high of Rs 10,888 per barrel in futures trading on Tuesday, driven by strong global energy benchmarks amid persistent supply concerns and geopolitical tensions in West Asia.On the Multi Commodity Exchange (MCX), crude oil...
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    India's Rupee Faces Pressure from Capital Withdrawal & Oil Prices

    Mumbai, April 7 The rupee depreciated by 17 paise to 93.07 against the US dollar in early trade on Tuesday, weighed down by continued withdrawal of foreign capital, a strong dollar, and higher crude oil prices amid a volatile geopolitical situation.Forex traders said the USD/INR pair remains...
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    Guterres Expresses Concern Over Trump's Rhetoric on Iranian Infrastructure

    United Nations, April 7 UN Secretary-General Antonio Guterres is "concerned" by the social media post from US President Donald Trump that threatened American attacks on power plants, bridges, and other infrastructure if Iran does not agree to open the Strait of Hormuz, his spokesperson has said...
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    Iran Reconstruction: Threats and Potential Involvement

    Washington, April 7 – US President Donald Trump signaled that the United States could play a role in rebuilding Iran if a deal is reached, even as he warned of widespread destruction if negotiations fail."We may even get involved in helping them rebuild their nation," Trump said, suggesting a...
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    US-Iran Dialogue Stalls as Iran Outlines Key Conditions

    Tehran, April 7 – Iran has rejected a 15-point peace plan proposed by the US, instead calling for a permanent end to the conflict, according to the official news agency IRNA.Iran responded with a 10-point document, citing past experiences as the reason it would not accept a ceasefire, Xinhua...
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    US President Trump Issues Four-Hour Iran Demolition Threat

    Washington, April 6 US President Donald Trump on Monday threatened to completely destroy Iran within four hours if it did not agree to a deal by Tuesday night, while dismissing allegations of possible war crimes in the event of attacks on power plants and bridges."We have a plan, because of...
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    Iran Faces Deadline, Military Options Remain

    Washington, April 7 – U.S. President Donald Trump has set a final deadline for Iran to reach an agreement, warning of widespread military action if talks fail, as tensions in West Asia escalate with global energy and security implications.“They have until tomorrow, 8:00 eastern time,” Trump...
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    Escalating Tensions: Energy Hubs Hit Amid Regional Conflict

    April 6, New Delhi – Israel carried out strikes on Iran's petrochemical sector, targeting major facilities in Asaluyeh, a key energy hub.The attack targeted the South Pars complex, Iran's largest petrochemical facility, with multiple explosions reported. Critical infrastructure, including...
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    Strait of Hormuz Disruptions Amid Iran Strikes

    April 6, New Delhi — On Monday, Israel carried out fresh strikes on Iran, targeting its largest petrochemical complex, as tensions escalated over the standoff in the Strait of Hormuz.The strikes targeted the South Pars facility in Assaluyeh, a key hub responsible for a significant portion of...
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    India Addresses West Asia Situation with Commodity Monitoring

    April 06, New Delhi – The Indian Government held an inter-ministerial briefing on the developments in the ongoing West Asia conflict.A control room has been established to monitor the prices of essential commodities.The Ministry of Petroleum and Natural Gas has ensured that all petrol...
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    Hormuz Strait: 16 Indian Vessels Remain Stranded Amid Shipping Disruption

    New Delhi, April 6 Two more Indian-flagged LPG tankers have safely crossed the war-affected Strait of Hormuz and are headed for Indian ports, even as 16 other vessels remain stranded in the Persian Gulf, officials said Monday.The LPG vessel Green Sanvi, carrying 46,650 tonnes of LPG, is...
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    Gold Performance Affected by Geopolitics and Economic Outlook

    New Delhi, April 6 Gold prices rose by over 1% to Rs 1.51 lakh per 10 grams in futures trading on Monday, amid escalating geopolitical tensions in West Asia.On the Multi Commodity Exchange, the yellow metal for June delivery rose by Rs 1,621, or 1.08%, to Rs 1,51,301 per 10 grams, from...
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    Israel Targets Iranian Infrastructure, Eliminates IRGC Leader

    Jerusalem, April 6 Defence Minister Israel Katz announced on Monday that the Israeli Air Force assassinated Majid Khademi, the chief of the Islamic Revolutionary Guard Corps' Intelligence, as he threatened to hunt down Iranian leaders "one by one".In a statement following a situational...
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    Silver Futures Surge: Imports Restricted, Global Trends Drive Gains

    New Delhi, April 6 Silver prices surged by Rs 2,273 to Rs 2.34 lakh per kilogram in futures trading on Monday, driven by firm global trends amid geopolitical tensions in West Asia.On the Multi Commodity Exchange, the white metal for May delivery rose by Rs 2,273, or 1 percent, to Rs 2,34,768...
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    Iran Threatens Retaliation Against Global Shipping

    Iran has warned that it would respond with far more devastating and widespread retaliation if its civilian targets are further attacked. Ali Akbar Velayati, a senior advisor to Iran's Supreme Leader, has also warned that the resistance front could target the Bab el-Mandeb Strait, disrupting the...
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