Dubai and Saudi Arabia have intercepted a massive wave of drones and missiles following escalating regional strikes. While Dubai successfully contained debris from an interception, Saudi forces thwarted attacks on the Shaybah oil field and air bases. Riyadh and the GCC condemned the "treache
The Government of Pakistan has announced a sharp hike in the prices of petrol and diesel by PKR 55 per litre, in the wake of the escalating security situation in West Asia, as per a report by ARY News.
While the government frames the move as a pragmatic victory for energy security amid the escalating West Asia conflict, the Opposition argues it exposes a newfound Indian dependency on Washington's "permission." The ruling BJP party hails this as a "diplomatic win" and a success of PM Mod
US President Donald Trump on Friday declared that there would be "no deal with Iran except unconditional surrender" amid the escalating West Asia conflict, asserting that Tehran must capitulate before any diplomatic negotiations can proceed.
The Indian workers, including traders, businessmen, contractors, and factory labourers, are looking at a downward trend amid the escalating tensions in West Asia as the mode of transportation of goods and payment has stopped, severly impact their livelihood.
India's macroeconomic outlook remains resilient despite heightened global risk conditions and escalating military tensions in West Asia. According to a report by Shriram Wealth, while immediate market volatility persists, India's strong foreign exchange reserves of over USD 700 billion and m
Further, Khatibzadeh dismissed claims that Iran had shut down the strategically vital Strait of Hormuz, emphasising that Tehran continues to act as a stabilising force in the Gulf despite the escalating war with Israel and the United States. He stressed that Tehran remains a responsible pow
Escalating tensions in West Asia, particularly around Iran and the Strait of Hormuz, could pose near-term risks to global markets through higher energy prices, though India's underlying economic momentum remains relatively resilient, according to a report by Jefferies.
Anwar Gargash, diplomatic adviser to the UAE President, stated the nation faced an "unprecedented" 1,000+ attacks from Iran within days. While exercising restraint and seeking diplomacy, he reaffirmed the UAE's readiness to defend its sovereignty, noting that Iran is becoming increasingly is
As per the sources, Gas Authority of India Limited (GAIL) will declare force majeure to ensure gas supply to priority sectors, as India navigates energy challenges stemming from the escalating West Asia conflict.
Airport authorities stated that the decision was taken as a precautionary measure due to the unsafe airspace conditions prevailing in the West Asian region.
Escalating tensions due to the West-Asia conflict involving Iran have heightened risks to global energy supply chains, particularly around the strategic Strait of Hormuz, raising concerns for major Asian importers, including India, according to a report by Goldman Sachs.