Gold and silver have witnessed significant price jumps recently, attracting attention from investors as global market conditions remain uncertain. After two consecutive days of price declines, both metals have made a strong rebound, with gold prices soaring by Rs 5,300 (3.82%) to reach Rs 1,44,212 on the Multi Commodity Exchange (MCX). Silver saw an even larger increase, rising by Rs 13,060 (5.82%), reaching Rs 2,36,980. This sharp uptick in precious metal prices is largely driven by weakenin
Gold and silver have witnessed significant price jumps recently, attracting attention from investors as global market conditions remain uncertain. After two consecutive days of price declines, both metals have made a strong rebound, with gold prices soaring by Rs 5,300 (3.82%) to reach Rs 1,44,212 on the Multi Commodity Exchange (MCX). Silver saw an even larger increase, rising by Rs 13,060 (5.82%), reaching Rs 2,36,980. This sharp uptick in precious metal prices is largely driven by weakenin
As the conflict in the Middle East enters its fourth week, Iran has firmly denied engaging in any negotiations or discussions with the United States since the hostilities began, contradicting recent remarks by US President Donald Trump. The Iranian government’s statement comes after Trump publicly claimed that Washington and Tehran had held “very good and productive conversations” aimed at achieving a comprehensive resolution to the ongoing crisis. Iranian officials dismissed the assertion
As the conflict in the Middle East enters its fourth week, Iran has firmly denied engaging in any negotiations or discussions with the United States since the hostilities began, contradicting recent remarks by US President Donald Trump. The Iranian government’s statement comes after Trump publicly claimed that Washington and Tehran had held “very good and productive conversations” aimed at achieving a comprehensive resolution to the ongoing crisis. Iranian officials dismissed the assertion
Two major incidents on March 23 have drawn national attention in the United States, as authorities investigate a fatal aircraft collision at LaGuardia Airport and a massive refinery explosion in Texas that has raised concerns over energy supply and safety.
Late Sunday night, just before midnight on March 23, an Air Canada Express flight collided with a fire rescue vehicle while landing at LaGuardia Airport in New York. The aircraft, a CRJ900 operated by Jazz Aviation, was carrying 72 passeng
Two major incidents on March 23 have drawn national attention in the United States, as authorities investigate a fatal aircraft collision at LaGuardia Airport and a massive refinery explosion in Texas that has raised concerns over energy supply and safety.
Late Sunday night, just before midnight on March 23, an Air Canada Express flight collided with a fire rescue vehicle while landing at LaGuardia Airport in New York. The aircraft, a CRJ900 operated by Jazz Aviation, was carrying 72 passeng
A massive explosion at the Valero Port Arthur refinery in Texas on Monday (March 23) has triggered an emergency response and raised fresh concerns over fuel supply stability in the United States. The incident sent flames and thick black smoke into the sky, prompting authorities to issue a shelter-in-place order for nearby residents.
Local emergency officials urged people in surrounding areas to remain indoors as a precaution, citing potential risks from hazardous smoke. The refinery
A massive explosion at the Valero Port Arthur refinery in Texas on Monday (March 23) has triggered an emergency response and raised fresh concerns over fuel supply stability in the United States. The incident sent flames and thick black smoke into the sky, prompting authorities to issue a shelter-in-place order for nearby residents.
Local emergency officials urged people in surrounding areas to remain indoors as a precaution, citing potential risks from hazardous smoke. The refinery
India’s External Affairs Minister S. Jaishankar on Monday held a detailed telephonic conversation with United States Secretary of State Marco Rubio, focusing on the escalating West Asia conflict and its broader implications for global energy security and economic stability. The discussion comes at a critical time when geopolitical tensions in the Gulf region are raising concerns among major economies dependent on stable crude oil supply chains.
According to Jaishankar, the conversation add
India’s External Affairs Minister S. Jaishankar on Monday held a detailed telephonic conversation with United States Secretary of State Marco Rubio, focusing on the escalating West Asia conflict and its broader implications for global energy security and economic stability. The discussion comes at a critical time when geopolitical tensions in the Gulf region are raising concerns among major economies dependent on stable crude oil supply chains.
According to Jaishankar, the conversation add
India has moved to strengthen its energy security as global tensions rise in West Asia, with Prime Minister Narendra Modi confirming that the country currently holds a strategic petroleum reserve of 53 lakh metric tonnes. Addressing the Lok Sabha, he also revealed plans to expand this reserve to 65 lakh metric tonnes in the near future.
India has moved to strengthen its energy security as global tensions rise in West Asia, with Prime Minister Narendra Modi confirming that the country currently holds a strategic petroleum reserve of 53 lakh metric tonnes. Addressing the Lok Sabha, he also revealed plans to expand this reserve to 65 lakh metric tonnes in the near future.
US President Donald Trump on Friday sharply criticized NATO allies, accusing them of failing to support Washington and Israel during the ongoing conflict with Iran, while also expressing frustration over their stance on rising oil prices. His remarks highlight growing tensions between the United States and its traditional partners amid escalating instability in the Middle East.
In a social media post, Trump described NATO as ineffective without US leadership, calling the alliance a “paper
US President Donald Trump on Friday sharply criticized NATO allies, accusing them of failing to support Washington and Israel during the ongoing conflict with Iran, while also expressing frustration over their stance on rising oil prices. His remarks highlight growing tensions between the United States and its traditional partners amid escalating instability in the Middle East.
In a social media post, Trump described NATO as ineffective without US leadership, calling the alliance a “paper
A major escalation in regional tensions unfolded on Wednesday after Iran’s South Pars gas field was struck, marking the first reported attack on the country’s Gulf energy infrastructure amid the ongoing U.S.-Israel conflict. The incident prompted Tehran to issue a strong warning, stating it would retaliate by targeting oil and gas installations across the Gulf region, raising fears of a broader confrontation affecting global energy security.
The strike had an immediate impact on internat
A major escalation in regional tensions unfolded on Wednesday after Iran’s South Pars gas field was struck, marking the first reported attack on the country’s Gulf energy infrastructure amid the ongoing U.S.-Israel conflict. The incident prompted Tehran to issue a strong warning, stating it would retaliate by targeting oil and gas installations across the Gulf region, raising fears of a broader confrontation affecting global energy security.
The strike had an immediate impact on internat
In the midst of the ongoing war, Iran has continued to export millions of barrels of oil, with about 90 ships, including oil tankers, crossing the critical Strait of Hormuz between March 1 and 15, 2026. Despite the waterway being effectively "closed" to most traffic due to the conflict, Iran has managed to keep its oil exports flowing, benefitting from its control over this vital chokepoint.
According to maritime traffic data from Lloyd's List Intelligence, Iran has relied on a mix
In the midst of the ongoing war, Iran has continued to export millions of barrels of oil, with about 90 ships, including oil tankers, crossing the critical Strait of Hormuz between March 1 and 15, 2026. Despite the waterway being effectively "closed" to most traffic due to the conflict, Iran has managed to keep its oil exports flowing, benefitting from its control over this vital chokepoint.
According to maritime traffic data from Lloyd's List Intelligence, Iran has relied on a mix
Indian Prime Minister Narendra Modi held a telephone conversation on Tuesday with Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, as tensions continue to escalate across the West Asian region. The discussion focused on regional stability, recent developments in the Middle East crisis, and the importance of safeguarding critical global energy routes.
During the call, both leaders underscored the need to ensure safe and uninterrupted navigation through the Strait of
Indian Prime Minister Narendra Modi held a telephone conversation on Tuesday with Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, as tensions continue to escalate across the West Asian region. The discussion focused on regional stability, recent developments in the Middle East crisis, and the importance of safeguarding critical global energy routes.
During the call, both leaders underscored the need to ensure safe and uninterrupted navigation through the Strait of
The conflict in West Asia has entered its third week, with hostilities intensifying across multiple fronts and raising concerns about a broader regional escalation. Israeli President Isaac Herzog called on European nations to support Israel’s ongoing campaign against Hezbollah, as Israeli forces continued ground operations in southern Lebanon. The situation in Lebanon deteriorated further after Hezbollah launched attacks on Israel earlier this month, following the reported killing of Iran’s
The conflict in West Asia has entered its third week, with hostilities intensifying across multiple fronts and raising concerns about a broader regional escalation. Israeli President Isaac Herzog called on European nations to support Israel’s ongoing campaign against Hezbollah, as Israeli forces continued ground operations in southern Lebanon. The situation in Lebanon deteriorated further after Hezbollah launched attacks on Israel earlier this month, following the reported killing of Iran’s
A series of drone attacks targeting the United Arab Emirates’ critical energy infrastructure has intensified concerns over prolonged supply disruptions as regional tensions linked to the Iran conflict continue to escalate. The incidents have struck key oil and gas facilities, disrupted shipping routes, and heightened volatility in global energy markets.
Operations at the Shah gas field, one of the world’s largest ultra-sour gas developments, remained suspended after a drone stri
A series of drone attacks targeting the United Arab Emirates’ critical energy infrastructure has intensified concerns over prolonged supply disruptions as regional tensions linked to the Iran conflict continue to escalate. The incidents have struck key oil and gas facilities, disrupted shipping routes, and heightened volatility in global energy markets.
Operations at the Shah gas field, one of the world’s largest ultra-sour gas developments, remained suspended after a drone stri
China on Tuesday announced that it will extend humanitarian assistance to several West Asia countries, including Iran and Lebanon, as the ongoing conflict involving the United States and Israel enters its third week and continues to escalate. The move reflects Beijing’s growing concern over the worsening humanitarian situation across the region, where sustained military operations have disrupted civilian life and critical infrastructure.
Speaking at a regular press briefing, Chinese Foreig
China on Tuesday announced that it will extend humanitarian assistance to several West Asia countries, including Iran and Lebanon, as the ongoing conflict involving the United States and Israel enters its third week and continues to escalate. The move reflects Beijing’s growing concern over the worsening humanitarian situation across the region, where sustained military operations have disrupted civilian life and critical infrastructure.
Speaking at a regular press briefing, Chinese Foreig
US President Donald Trump on Monday claimed that Iran’s military capabilities have been severely degraded following two weeks of joint US-Israeli military operations across the country. Speaking to reporters at the White House, Trump asserted that Iran had been reduced to what he described as a “paper tiger,” arguing that extensive strikes had significantly damaged the country’s air force, navy and key defense infrastructure.
According to the president, the campaign targeted
US President Donald Trump on Monday claimed that Iran’s military capabilities have been severely degraded following two weeks of joint US-Israeli military operations across the country. Speaking to reporters at the White House, Trump asserted that Iran had been reduced to what he described as a “paper tiger,” arguing that extensive strikes had significantly damaged the country’s air force, navy and key defense infrastructure.
According to the president, the campaign targeted
US President Donald Trump has warned that the future of the North Atlantic Treaty Organization could face serious consequences if allied nations fail to support efforts to reopen the Strait of Hormuz, a key global shipping route currently disrupted amid escalating tensions with Iran. The remarks signal increasing pressure from Washington on European allies to contribute more actively to maritime security in the strategically vital Gulf region.
Speaking in a telephone interview on Sunday, Trump said a lack of support from allied nations could have negative implications for the military alliance. He emphasized that the United States has historically provided strong support to its partners, including assistance during the Ukraine-Russia war, and now expects reciprocal cooperation. According to Trump, maintaining stability in the Strait of Hormuz is essential not only for regional security but also for global oil trade and international shipping routes.
Trump indicated that the United States has already taken significant action against Iranian threats in the Gulf and called for greater participation from allied countries to monitor and secure the waterway. He suggested that additional military support, including specialized forces or naval contributions, could help counter activities such as drone operations and naval mine deployments along the Iranian coastline, which he described as disruptive to maritime navigation.
While speaking to reporters aboard Air Force One, Trump said he had demanded that several countries heavily dependent on oil shipments through the strait join a coalition aimed at safeguarding the passage. Although he did not disclose the names of the countries involved, he argued that nations benefiting from the route should take a more active role in protecting it.
The president also discussed the situation with British Prime Minister Keir Starmer during a phone conversation on Sunday. According to the UK government, both leaders spoke about the importance of restoring access to the Strait of Hormuz to reduce disruptions in global shipping that are contributing to rising costs worldwide. Starmer also conveyed condolences for American service members who have died during the conflict.
However, Trump voiced frustration over what he described as the United Kingdom’s initially cautious response to US requests for assistance. He said Washington expected support earlier in the operation and reiterated his longstanding view that NATO cooperation should be mutual. The Strait of Hormuz remains one of the world’s most critical maritime chokepoints, carrying a significant share of global oil supplies, making its security a central concern for governments and markets worldwide.
US President Donald Trump has warned that the future of the North Atlantic Treaty Organization could face serious consequences if allied nations fail to support efforts to reopen the Strait of Hormuz, a key global shipping route currently disrupted amid escalating tensions with Iran. The remarks signal increasing pressure from Washington on European allies to contribute more actively to maritime security in the strategically vital Gulf region.
Speaking in a telephone interview on Sunday, Trump said a lack of support from allied nations could have negative implications for the military alliance. He emphasized that the United States has historically provided strong support to its partners, including assistance during the Ukraine-Russia war, and now expects reciprocal cooperation. According to Trump, maintaining stability in the Strait of Hormuz is essential not only for regional security but also for global oil trade and international shipping routes.
Trump indicated that the United States has already taken significant action against Iranian threats in the Gulf and called for greater participation from allied countries to monitor and secure the waterway. He suggested that additional military support, including specialized forces or naval contributions, could help counter activities such as drone operations and naval mine deployments along the Iranian coastline, which he described as disruptive to maritime navigation.
While speaking to reporters aboard Air Force One, Trump said he had demanded that several countries heavily dependent on oil shipments through the strait join a coalition aimed at safeguarding the passage. Although he did not disclose the names of the countries involved, he argued that nations benefiting from the route should take a more active role in protecting it.
The president also discussed the situation with British Prime Minister Keir Starmer during a phone conversation on Sunday. According to the UK government, both leaders spoke about the importance of restoring access to the Strait of Hormuz to reduce disruptions in global shipping that are contributing to rising costs worldwide. Starmer also conveyed condolences for American service members who have died during the conflict.
However, Trump voiced frustration over what he described as the United Kingdom’s initially cautious response to US requests for assistance. He said Washington expected support earlier in the operation and reiterated his longstanding view that NATO cooperation should be mutual. The Strait of Hormuz remains one of the world’s most critical maritime chokepoints, carrying a significant share of global oil supplies, making its security a central concern for governments and markets worldwide.
The United States Marine Corps has ordered the deployment of a Marine Expeditionary Unit to the Middle East as tensions in the region continue to escalate. Around 2,200 Marines traveling aboard three US Navy amphibious ships are being redirected toward the area, signaling a reinforcement of American military readiness amid growing concerns over maritime security and regional stability.
The unit involved in the deployment is the 31st Marine Expeditionary Unit, which is normally based in Japan
The United States Marine Corps has ordered the deployment of a Marine Expeditionary Unit to the Middle East as tensions in the region continue to escalate. Around 2,200 Marines traveling aboard three US Navy amphibious ships are being redirected toward the area, signaling a reinforcement of American military readiness amid growing concerns over maritime security and regional stability.
The unit involved in the deployment is the 31st Marine Expeditionary Unit, which is normally based in Japan
The ongoing conflict involving the United States, Israel and Iran has triggered what the International Energy Agency (IEA) describes as the largest disruption in the history of the global oil market, as tensions intensify around the Strait of Hormuz, one of the world’s most critical energy transit routes. In a report released on Thursday, the agency said oil and petroleum product flows through the strategic waterway have plunged sharply, raising serious concerns about global energy security
The ongoing conflict involving the United States, Israel and Iran has triggered what the International Energy Agency (IEA) describes as the largest disruption in the history of the global oil market, as tensions intensify around the Strait of Hormuz, one of the world’s most critical energy transit routes. In a report released on Thursday, the agency said oil and petroleum product flows through the strategic waterway have plunged sharply, raising serious concerns about global energy security
Iran’s Deputy Foreign Minister Majid Takht-Ravanchi on Thursday rejected allegations that Iranian forces were laying mines in the Strait of Hormuz, a crucial global shipping route, stating that the claims were inaccurate and misleading. His remarks came days after the United States said it had carried out strikes against Iranian vessels allegedly involved in placing mines in the strategic waterway.
Responding to questions about the accusations, Takht-Ravanchi said Iran had not engaged in s
Iran’s Deputy Foreign Minister Majid Takht-Ravanchi on Thursday rejected allegations that Iranian forces were laying mines in the Strait of Hormuz, a crucial global shipping route, stating that the claims were inaccurate and misleading. His remarks came days after the United States said it had carried out strikes against Iranian vessels allegedly involved in placing mines in the strategic waterway.
Responding to questions about the accusations, Takht-Ravanchi said Iran had not engaged in s
Prime Minister Narendra Modi on Thursday said the government is taking comprehensive steps to safeguard India’s energy security as global fuel markets face uncertainty due to the ongoing conflict in West Asia. Addressing the NXT Summit 2026 in New Delhi on March 12, the prime minister said India has adopted a holistic strategy to strengthen its energy sector and reduce vulnerability to global disruptions.
Modi said the country has significantly expanded its strategic petroleum reserve in r
Prime Minister Narendra Modi on Thursday said the government is taking comprehensive steps to safeguard India’s energy security as global fuel markets face uncertainty due to the ongoing conflict in West Asia. Addressing the NXT Summit 2026 in New Delhi on March 12, the prime minister said India has adopted a holistic strategy to strengthen its energy sector and reduce vulnerability to global disruptions.
Modi said the country has significantly expanded its strategic petroleum reserve in r
