Iran war keeps US inflation high, threatens Wall Street rally
US stocks edged lower on Monday as hopes faded for an imminent deal to reopen the Strait of Hormuz, Reuters reported. The Dow fell 0.28%, the S&P 500 lost 0.09%, and the…
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Trump ready to drop nuclear deal if Iran opens Strait of Hormuz
The Wall Street Journal reports that US President Donald Trump is ready to end the West Asia conflict without a nuclear deal if Iran fully reopens the Strait of Hormuz. Trump has…
Netanyahu rejects Trump-backed Gaza plan over Hamas disarmament
Israeli PM Benjamin Netanyahu on Sunday rejected the US-backed 15-point Gaza peace plan, insisting no military withdrawal until Hamas is completely disarmed. "Israel rejects the 15-point document," Netanyahu said, adding that disarmament…
Russia pitches direct rail link to India via Iran, Pakistan
Russian Deputy Prime Minister Marat Khusnullin has called for a feasibility study on a direct rail link from Russia to India via Turkmenistan, Iran, Afghanistan and Pakistan. The proposed overland freight corridor…
Crude, West Asia tensions, inflation data to steer markets this week
Analysts say crude oil prices, West Asia tensions, and inflation data will drive Indian stock markets this week, as per The Hindu BusinessLine and NDTV Profit. Ajit Mishra of Religare Broking flagged…
Turkey says Saudi defence pact not aimed at eliminating Iran
Turkey's intelligence chief Hakan Fidan said on Saturday that Saudi Arabia's defence pact with Pakistan is not directed at eliminating Iran. In an interview with Anadolu Agency, Fidan stated that Riyadh has…
Netanyahu rejects US Gaza plan, vows no pullout until Hamas disarms
Israeli Prime Minister Benjamin Netanyahu on Sunday rejected the US-backed 15-point plan for Gaza, insisting that Israeli forces will not withdraw until Hamas is "genuinely" disarmed. Speaking at a cabinet meeting, Netanyahu…
Iran sets stiff conditions to reopen Strait of Hormuz
Iran’s Revolutionary Guards said on Sunday they will not reopen the Strait of Hormuz until the United States meets all of Tehran’s conditions, including compensation for war damages. The Guards called the…
US says it redirected 55 vessels in Iran blockade, denies Iranian claims
The US Central Command said on Sunday it has redirected at least 55 commercial vessels and boarded two as part of a naval blockade of Iranian ports. CENTCOM denied Iranian claims that…
US-Iran talks, crude oil, inflation to guide markets this week
Stock markets this week will be driven by US-Iran negotiations, crude oil prices, and inflation data, analysts say. Last week, the Sensex rose 0.51 per cent and Nifty gained 0.76 per cent,…
