Indian airlines are facing renewed pressure on profitability as escalating tensions in the Middle East threaten to push global crude oil prices to USD 100 per barrel, according to a report by Nuvama.
US President Donald Trump on Wednesday (local time) expressed concern over the escalating tensions between Israel and Iran, stating that while he has a plan in place, the outcome remains uncertain.
Iran's supreme leader Ayatollah Ali Khamenei has firmly rejected US President Donald Trump's call for an "unconditional surrender," warning of dire consequences if the United States intervenes militarily in Israel's escalating war with Iran.
US President Donald Trump on Wednesday (local time) hosted Pakistan Army Chief Asim Munir at the White House for a lunch meeting, praising Munir for his role in preventing the escalation of the conflict between India and Pakistan.
Nepali activists on Wednesday held a peaceful demonstration outside the Israeli embassy and Iranian consulate in Kathmandu, calling on both parties to de-escalate the raging conflict.
Amid escalating tensions between Israel and Iran, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Wednesday assured that India has sufficient petrol and diesel reserves and that India need not to worry, as it also has enough energy supplies for the coming months.
Kandima [Maldives], June 18: This summer, Kandima Maldives is set to redefine the ultimate island escape with its two-month-long "Summer Kamp" (7 July - 7 September 2025).
Israeli Ambassador to India, Reuven Azar, said that Tel Aviv is fully coordinated with the Ministry of External Affairs over the evacuation of Indians following the escalating conflict between Iran and Israel.
In view of the escalating geopolitical tensions and military developments in the Middle East, particularly between Iran and Israel, the Government of Telangana activated a dedicated helpline.
Shia leader Maulana Saif Abbas appealed to the Indian government to evacuate pilgrims stranded in Iran and Iraq due to the escalating Israel-Iran conflict, citing their inability to afford Hajj and a letter was sent to EAM Jaishankar.
The Indian equity indices ended on a negative note on Tuesday, experiencing moderate losses amid risk of escalation of conflicts in the Middle East ahead of the FOMC meeting.