Kuwait, the fifth-largest oil producer within the Organization of the Petroleum Exporting Countries (OPEC), announced on Saturday that it has curtailed both oil production and refining output after tanker traffic through the Persian Gulf, Starit of Hormuz, came to a near-complete standstill. The Arab monarchy cited Iranian threats to safe navigation through the Strait of…
The US-Iran conflict has entered its second week on Saturday, March 7. The attacks, which the US calls Operation Epic Fury and Israel calls Operation Roaring Lion, were launched by the two countries on February 28. Though the conflict is into its second week, the US has not formally declared war on Iran, as under…
As the US-Iran conflict enters its second week, there are growing speculations that the Donald Trump administration could soon send ground troops into the Middle East. The US Department of Defense has abruptly canceled a major training exercise of the elite 82nd Airborne Division’s headquarters element at Fort Liberty, The Washington Post reported. 82nd Airborne…
India has allowed an Iranian warship to anchor off the southern port of Kochi following Tehran’s appeal and the ship’s 183-member crew has been accommodated in naval facilities. Government officials said on Friday that this incident occurred two days after a US submarine targeted and sank an Iranian frigate with a torpedo off the coast…
The Trump administration is facing growing discontent from allies in the Persian Gulf who say they were not given sufficient warning before the conflict with Iran escalated, AP cited officials familiar with the matter as saying. The news outlet citing officials from two Gulf countries said their governments were disappointed with how the United States…
The Canadian dollar has become a top pick in the $9.5-trillion-a-day foreign exchange market due to its link to oil prices as the war in the Middle East grinds on. As most major currencies fell versus the US dollar this week in the wake of conflict between the US and Iran, the loonie has weathered…
There is an atmosphere of tension in Dubai also due to the US-Israel-Iran war. All flights are canceled and many travelers are stranded in Dubai and are unable to return home. Now actor Sonu Sood has announced a house to live in for the people stranded in Dubai. He said that if anyone needs a…
Buy or sell stocks: The Indian stock market closed significantly lower, deepening its losses amid jitters surrounding the US-Iran conflict, with the benchmark Nifty 50 slipping below the 24,500 mark on Wednesday. The Sensex plunged 1,122.66 points, or 1.40%, to settle at 79,116.19, while the Nifty 50 declined 385.20 points, or 1.55%, to end at…
The Pentagon has released dramatic footage showing the moment an Iranian warship was struck and destroyed by a US submarine in the Indian Ocean, marking a major escalation in the widening Middle East conflict. US Defense Secretary Pete Hegseth confirmed that an American submarine torpedoed and sank Iran’s frigate IRIS Dena approximately 25 miles south…
Paras Defense Stock: Defense sector company Paras Defense and Space Technologies Ltd. There was a strong rise in the shares of . The stock jumped nearly 12 percent to reach an intraday high of Rs 749.85. The rise in the shares of the defense company has come after the corporate action of the company. Source
