Bahrain reports an Iranian drone strike on a desalination plant and the Sitra area, leaving children in critical condition. Despite President Pezeshkian's claims of seeking "good relations" with neighbours, Tehran remains defiant against US President Trump's demands for "unconditional surren
Iran's absence from the global oil market is likely to be offset by an existing oversupply in global oil inventories, providing a buffer against potential supply disruptions, according to a report by CareEdge.
Iran and regional allies launched "Operation True Promise 4," conducting 27 waves of missile and drone strikes against US and Israeli military targets. The retaliatory offensive, reported by Press TV, struck bases in Kuwait, Iraq, and the occupied territories following the killing of the for
India continues to remain a structural growth market in global commentary, though the tone during the quarter remained mixed following an uneven CY25 performance for several global peers, according to a report by Investec Equities.
Celebrations erupted across Iran as hundreds of people took to the streets of the country after Seyyed Mojtaba Khamenei, the second son of the late Iranian supreme leader Ayatollah Ali Khamenei, was announced as the new Supreme Leader of Iran, Press TV reported on Monday.
Amid the developing security situation in West Asia, Pakistan could see its monthly oil import bill soar to a whopping USD 600 million, the country's Finance Minister Muhammad Aurangzeb said on Sunday, as reported by Dawn. Already reeling under economic stress, the country's Petroleum Min
Ayatollah Ali Khamenei's son, Mojtaba Khamenei, is indicated to be the new Supreme Leader of Iran, Reuters reported on Sunday, citing a senior Iranian cleric who was involved in the vote to choose the new supreme leader, although a formal announcement is awaited.
The SBI Research report notes, "With the supply-supply chain triggered squeeze anchoring higher spot and forward prices across Gas and Oil, the US enterprises could reap benefits that more than adequately compensate the spending on war."
The report titled "When the dollar turns on itself" states that while gold gained on the international market, local prices in India fell because the Indian rupee became much stronger after a trade agreement with the US.
Nepal's Interim Prime Minister Sushila Karki on Sunday said that the detailed report of the high level investigation commission on Gen-Z protest will not be released anytime soon as the interim government will now be involved in the handover to the new elected government.
The United Arab Emirates (UAE) Ministry of Defence on Sunday reported the successful interception of a significant number of unmanned aerial vehicles (UAVs), ballistic missiles, and cruise missiles launched from Iran amid the ongoing conflict in the region.