Crude oil prices may surge above the USD 100 per barrel threshold if there is any structural disruption to oil infrastructure amid the ongoing military escalations in West Asia, according to a report by ICICI Bank.
In a post on X, Araghchi said on Tuesday, "Rubio admitted what we all knew: U.S. has entered a war of choice on behalf of Israel. There was never any so-called Iranian 'threat'."
: As escalations widen across West Asia, US Vice-President JD Vance on Tuesday (local time) said President Donald Trump decided to take action against Iran in order to protect America's national security.
An Emirates flight from Dubai to Mumbai landed safely at Chhatrapati Shivaji Maharaj International Airport on Tuesday as flight operations gradually resumed following disruptions triggered by the escalating West Asian conflict.
An IDF spokesperson warned that Israeli forces would target Iranian military infrastructure "in the coming hours" and urged civilians to leave, saying, "For your safety and well-being, we request that you immediately evacuate the designated area..." and warned that not evacuating "puts yo
The advisory applies to Bahrain, Kuwait, Egypt, Lebanon, Iran, Oman, Iraq, Qatar, Israel, the West Bank and Gaza, Saudi Arabia, Syria, Jordan, the United Arab Emirates, and Yemen.
He emphasised that regime change remains a far more complex objective, noting that Iran has already signalled its intent to push back and escalate the situation.