The Hindu Businessline
Elections 2026World / The Hindu Businessline
The revised bill cuts proposed tariffs on major buyers of Russian energy to 100% from 500% and allows exemptions for countries reducing imports
The move came alongside fresh US strikes on Iran, while Bahrain and Kuwait activated missile defences against Iranian attacks
Trump said the Strait of Hormuz will remain open to global shipping, except for vessels linked to Iran
The agreement is expected to attract higher and more diversified investments into sectors such as renewable energy, manufacturing, chemicals and services
The UAEs defense ministry reported that Iranian cruise missiles targeted two ships, the Al Bahyah and Mombasa B, causing significant damage
Waller warned that the US central bank may need to implement tighter monetary policy if core inflation remains firmly elevated or continues its upward trajectory
The antitrust lawsuit, filed in California federal court, alleges the deal would harm competition for film distribution and the licensing of cable TV channels
Junes export increase exceeded economists expectations, rising 19.4% year-on-year in May
iran responded with attacks targeting Bahrain and two tankers associated with the United Arab Emirates travelling through the strait, killing one mariner and wounding eight others.
The attacks marked the biggest Saudi-Houthi escalation in years, prompting the UN to urge restraint
Iran, which claims jurisdiction over the strategic waterway, rejected US intervention while arguing that any country ensuring safe passage through the strait deserves compensation
Other countries and industries reliant on traffic through the narrow waterway have insisted it should be free to access, without tolls or other maritime service charges
Irans Revolutionary Guards said that they targeted US military facilities in Bahrain and Kuwait
The legislation, which comes after Magyar ended nationalist Orban's 16-year rule in a landslide election in April, is part of Magyar's efforts to dismantle Orban's bastions of power
The warning urged the public to seek shelter in the island kingdom, home to the US Navy's 5th Fleet
The attacks, sparked by Iran striking a container ship Sunday in the strait, once again underlined that the waterway that once saw a fifth of the world's traded crude oil pass through it remain the key issue in negotiations.
According to reports, Nippon Paint made multiple offers over the past month, but AkzoNobel neither engaged with the proposal nor informed shareholders
A deadly blaze ripped through a Bangkok pub overnight, prompting a major emergency response and an investigation into its cause
Iran retaliated with missile and drone attacks on Bahrain, Kuwait, Qatar, Jordan and Oman, dramatically widening the conflict and pushing already fragile negotiations with Washington closer to collapse
Average wealth rises notably in 2026, median wealth declines in most markets, states report
India Heritage Centre estimates total project cost to be between $12 million and $14 million
A joint statement from 14 nations rejected destabilising actions in the disputed waters threatening regional stability
Sheikh Hamad presided over one of the most consequential periods in the countrys history, driving a rapid transformation of the tiny desert state that reshaped its economy, global profile and political ambition
Graham, a senator from South Carolina, died on Saturday after a brief and sudden illness, according to his office.
The US militarys Central Command stated that targets included missile and drone sites, ammo dumps, communication equipment, and more
Escalating tensions in the region prompt air raid sirens across the Gulf, as Iran retaliates following a US military strike, raising fears of broader conflict amidst ongoing hostilities
Meanwhile, missile alerts sounded in Bahrain, an island kingdom in the Persian Gulf home to the US Navy's 5th Fleet.
Bangladesh expects its first nuclear power plant to supply up to 15% of national electricity, strengthening energy security and reducing dependence on imported fossil fuels
Trumps warning of massive retaliation and fresh strikes in Iran heightened concerns over the Strait of Hormuz, a key global oil shipping route
Experts say any US retaliation after a presidents death would be decided by Vice President JD Vance, not triggered automatically
The incident happened on a morning flight from the northern Greek city of Thessaloniki to Memmingen, near Munich, which was operated by Ryanair subsidiary Malta Air

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