The Hindu Businessline

This move marks the largest-ever coordinated strategic oil release, surpassing the 182.7 million barrels released during the Ukraine war in 2022, highlighting the severity of supply shocks and market uncertainties

The probe aims to rebuild tariff leverage after the US Supreme Court struck down Trumps global tariff program last month.

The release is part of a broader 400-million-barrel global release agreed to earlier by the 32-nation International Energy Agency

Right now well reduce it a little bit, and that brings the prices down, Trump said, without specifying the number of barrels to be released.

Speaking to supporters, Trump stated that the U.S. had achieved decisive results within the first hour of military action, including the destruction of 58 Iranian naval ships

Saudi oil giant Aramco, the worlds top oil exporter, warned on Tuesday about catastrophic consequences for the global oil market if the Strait of Hormuz doesnt open

Iran's joint military command announced it would start targeting banks and financial institutions in West Asia

Decision follows asylum claims amid rising safety concerns for players in Iran; team members now en route home after brief stay in Malaysia.

The attack resulted in minor injuries to two Ghanaian nationals and one Bangladeshi national, as well as moderate injuries to one Indian national

Fire breaks out onboard as crew evacuates and requests assistance, UK maritime authorities say

Governments slash working hours and curb energy use as Middle East supply disruptions ripple across the region

According to Irans Foreign Ministry, the two leaders exchanged views on the evolving regional situation and its potential impact on international security.

US Energy Secretary Chris Wrights social media flub and Trumps frenetic mine posts illustrate the scattered messaging that has frustrated observers in Washington and on Wall Street

The Pentagon earlier in the day reinforced that message, saying the US and Israel are conducting their most intense day of attacks yet against Iran and wont give up until the Islamic Republic is beaten

Both sides sharpened their rhetoric as the war entered its 11th day. US Defence Secretary Pete Hegseth promised the most intense strikes yet while the Pentagon detailed the broader toll of injuries sustained by US troops

The governments policy regulates the prices of nine key commodities cooking oil, eggs, dairy products, rice, sugar, poultry, legumes, bread, and wheat which cannot be increased without prior approval

The war, now in its 11th day, has triggered global market volatility, with Brent crude briefly touching USD 120 per barrel.

Located in Brownsville, Texas, the $300 billion refinery is expected to boost American energy production, strengthen national security, and create thousands of jobs.

The Saudi Defence Ministry said it has destroyed drones over the kingdom's oil-rich eastern region, while in Kuwait, the National Guard said it shot some down in the country's northern and southern areas

China's exports have been a bright spot for its economy despite tensions with the US. Chinese exports climbed 5.5% for 2025 as its trade surplus surged to a record of nearly $1.2 trillion

China's security calculus is affected by Chairman Xi Jinping losing political friends in Venezuela and Iran in recent months, and the free flow of oil into China's refineries has also been affected

The strike on the diplomatic mission occurred early Tuesday, just hours after the Gulf nation voiced its frustration over being targeted unfairly in the ongoing West Asia conflict

These points backed up the IMFs view that nations need to sort out their domestic policies to ensure they have bandwidth to deal with shocks

Hundreds of ships remain anchored on both sides of the strategic waterway

Putin said that Moscow was ready to work even with European customers again if they wanted to return to long-term, non-politicised cooperation

Trump's comments came after global financial markets seesawed on Monday on concerns that Iran's security establishment was rallying behind new Supreme Leader Mojtaba Khamenei and was not prepared to back down any time soon

The India waiver left Europeans anxious that the US may be loosening its restrictions on Russia just as Moscows economy shows signs of significant strain

Trump said the US may waive some oil sanctions and deploy Navy escorts for tankers through the Strait of Hormuz, a key route carrying about a fifth of global oil

About 25,000 troops from 14 nations join Exercise Cold Response across Norway and Finland

Investigative group Bellingcat says new video suggests that the munition seen in footage resembles a US Tomahawk missile which only the US is known to possess in this war

An Indian national injured in the incident on Sunday is undergoing treatment at a government hospital.

Oil prices have surged while share markets have dropped due to concerns that the escalating conflict in West Asia will disrupt energy supplies and affect global industries

Three G7 countries, including the US, have expressed support for the idea, according to the FT

Non-critical American government staff and their families stationed at diplomatic posts in the area had been given the option to depart voluntarily, but now are ordered to do so

Its a 30-day pause to allow, which is just kind of common sense, to allow the millions and millions of barrels of oil that are sitting out on ships to go to Indian refineries, Mike Waltz

The infrastructure that keeps Gulf cities supplied with drinking water is vulnerable

Trump voters support airstrikes, oppose ground troops in Iran

Choosing a new leader is meant to be the responsibility of the Assembly of Experts, a body of around 90 senior clerics who are elected every eight years, many of them very elderly

Popularly known as Balen, the 35-year-old defeated four-time former PM KP Sharma Oli by a huge margin of about 50,000 votes in the Jhapa-5 constituency

The warning comes as the clerical body is set to meet to choose Iran's next supreme leader

The military response follows a wave of aerial threats targeting the Gulf nation