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.
The US Federal Reserve on Wednesday decided to keep benchmark interest rate unchanged at a range of 4.25 to 4.5 percent, amid ongoing trade policy shifts and growing pressure from President Donald Trump, The Hill reported.
The Indian stock markets ended on a flat note on Wednesday, reflecting the uncertainties arising from the tensions in the Middle East and the US Federal Reserve's policy meeting later tonight.
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.
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.
Indian stock markets opened on a positive note on Tuesday, continuing their upward movement from the previous session. However, rising geopolitical tensions in the Middle East are keeping investors globally on edge.
White House Press Secretary Karoline Leavitt posted on social media about the president's plan to cut short his attendance at the summit in Kananaskis, Canada.
Cyprus President Nikos Christodoulides said he and Prime Minister Narendra Modi discussed expanding bilateral ties and synergy in various sectors and agreed to work on defence cooperation, innovation, and tourism.
Any further escalation in the Middle-East crisis or a sharp rise crude prices could pose a serious risk to earnings, especially for Indian Oil Marketing Companies (OMCs) and gas companies.