Middle East News

Global markets showed stress as oil prices rose above $100 due to US-Iran tensions. Iran’s stance on not reopening Strait of Hormuz and lack of peace talks increased fears of supply disruption. Stocks fell across Europe and Asia, while the dollar strengthened. Despite this, strong company earnings and tech sector gains offered some support.

Exiled Iranian Crown Prince Reza Pahlavi was splashed with red liquid, reportedly tomato sauce, in Berlin after a press briefing. The suspect was detained, as Pahlavi renewed criticism of Iran and the ceasefire.

Despite leadership losses and public silence from key figures, Iran’s top officials appear united in the ongoing war, with analysts saying internal divisions exist but no visible fracture in power.

Oil prices rose despite a US-Iran ceasefire extension as Hormuz tensions continued. Iranian forces attacked ships and seized vessels, while US maintained a blockade. Brent neared $100, reflecting supply fears. Markets stayed cautious, and inflation rose in the UK. With peace talks uncertain and conflict spreading, the situation remains fragile.

War-time Tehran turns into a canvas of defiance as striking murals target the US and Israel, showcasing Iran’s ideological messaging, military symbolism, and revolutionary pride amid escalating tensions.

An Iranian gunboat fired at a container ship near Oman, causing heavy damage but no injuries, according to a UK maritime agency. Iran claimed the ship ignored warnings, while others said no warning was given. The attack comes amid rising tensions, US naval actions, and an extended ceasefire announced by Donald Trump.

Government has confirmed that milk supply and prices in India remain stable despite West Asia crisis. There is no shortage of fuel, gas or packaging materials for dairy sector. Milk production, processing and delivery continue smoothly. Officials are monitoring situation and have taken steps like ensuring LPG supply and launching a tracking portal.

European stock markets fell while oil prices jumped after Iran closed the Strait of Hormuz, raising fears of fresh conflict with the US. The move came amid fragile ceasefire tensions and stalled talks. Brent and WTI crude surged sharply, reflecting supply worries. While Asian markets gained earlier, European investors turned cautious.

Over a month after his death in a US-Israel airstrike, Iran has not yet buried Supreme Leader Ali Khamenei due to serious security concerns. Planned funeral events were cancelled amid ongoing conflict and fears of attacks or unrest.

Rising tensions in Strait of Hormuz have pushed global shipping companies to seek safer routes, boosting activity at Vizhinjam Port, Kerala. MP Shashi Tharoor said nearly 100 vessels are waiting to dock, highlighting major opportunity for India. The port has handled record cargo in its first year but missed some demand due to infrastructure delays.