Bharat Express DD Free Dish

West Asia tensions

Brent and WTI crude prices drop sharply as volatility continues due to West Asia tensions, with concerns over supply disruptions and shipping routes.

Israel confirms killing of Iranian leader Ali Larijani in a Tehran airstrike, marking a sharp escalation in tensions across West Asia.

LPG tanker Nanda Devi reaches Gujarat after a high-risk Hormuz transit, helping secure fuel supplies as India manages disruptions in key shipping routes.

Indian equity benchmarks fell nearly 6% this week as rising crude prices and geopolitical tensions in West Asia triggered heavy selling across sectors.

Iran accuses the US of double standards on Russian oil after Washington allows a waiver for shipments stranded at sea while previously pressuring India to halt imports.

Indian oil marketing companies can manage crude prices near $90 per barrel as strong refining margins help offset rising global oil costs, says CareEdge.

Iran’s Revolutionary Guards said they struck Israel’s Haifa refinery with Kheibarshekan missiles in retaliation for US-Israeli attacks on Iranian energy facilities.

The UAE said its air defence systems intercepted ballistic missiles, drones and cruise missiles during Iranian attacks, while authorities reported minor damage and several casualties.

PM Modi speaks to Qatar Amir Sheikh Tamim, condemns attacks and thanks him for safeguarding Indians, while reaching out to eight Gulf leaders in 48 hours.

Sonia Gandhi criticised the Central government for its response to the reported killing of Iran’s Supreme Leader during US-Israel strikes, urging clarity and adherence to international norms.