Indian stock markets witnessed a strong rally on Tuesday opening session after US President Donald Trump announced a ceasefire between Israel and Iran, bringing some relief to global investors amid recent geopolitical tensions.
Amid the ongoing conflict between Iran and Israel, a total of 292 Indian nationals were evacuated from Iran on a special flight that arrived in New Delhi from Mashhad on Tuesday.
Crude oil prices are now expected to remain around USD 65 per barrel after US President Donald Trump announced a ceasefire between Iran and Israel, bringing relief to global markets.
"As Iran has repeatedly made clear, Israel launched war on Iran, not the other way around. As of now, there is NO "agreement" on any ceasefire or cessation of military operations. However, provided that the Israeli regime stops its illegal aggression against the Iranian people no later th
Moments after US President Donald Trump announced Iran and Israel agree to a ceasefire, the Israeli military launched a series of strikes on multiple locations in Iran on Tuesday.
The conversation followed US President Donald Trump's communication with Qatar's Emir, in which Trump informed him that Israel had accepted the ceasefire proposal and requested Doha's assistance in convincing Tehran to agree to the deal.
Emphasising India's longstanding ties with Iran, Kharge noted that the country has consistently supported India in difficult times, including at international forums such as the United Nations on the issue of Jammu and Kashmir.
In a post on Truth Social, Trump said the ceasefire has been jointly agreed upon by both nations and would mark a significant de-escalation in hostilities that have gripped the region.
Amid escalating tensions in the Middle East, airspace closures have severely impacted flight operations, prompting Indian airlines Indigo, SpiceJet, Akasa Air, and Air India to cancel, divert, or delay services.
US President Donald Trump expressed optimism about de-escalation in West Asia following Iran's retaliatory missile attack on US bases in Qatar and Iraq, suggesting that the response might have concluded the cycle of hostility in the region and is expected to open the door to peace.