13-03-2026 Bureau Report + Agencies NEW DELHI: Indian shares settled higher on Tuesday, climbing from their lowest levels in nearly a year, as crude oil prices eased in a relief rally enabled by comments from US President Donald Trump read by market participants’ as de-escalatory. The benchmark indexes had posted …
Read More »Trump will end war soon despite threats from both sides
13-03-2026 WASHINGTON/ TEHRAN: ‘It was like hell’ Tehran residents reached by Reuters on Tuesday described the US-Israeli bombardment overnight as the fiercest of the war so far. “It was like hell. They were bombing everywhere, every part of Tehran,” a resident said by phone, speaking on condition of anonymity for …
Read More »Americans express dismay over rising gas prices
13-03-2026 NEW YORK: Surging energy prices caused by the US-Israel war on Iran could ripple across the United States economy, heaping further strain on consumers at a time when cost-of-living issues are already a primary concern. The price of crude oil increased from about $67 per barrel before the war …
Read More »Australia urged to offer Iran women’s team refuge
13-03-2026 MANILA/ CANBERRA: Football’s governing bodies and Australian authorities are being urged to ensure the safety of Iran’s women’s team as they prepare to fly home from Australia after being eliminated from the Asian Cup. Hundreds of supporters surrounded the Iranian Lionesses’ coach as it left the stadium on the …
Read More »Mojtaba Khamenei appears to close path to swift end to war
12-03-2026 TEHRAN/ JERUSALEM: Iran named Mojtaba Khamenei to succeed his slain father as supreme leader on Monday, signaling that hardliners remain firmly in charge and appearing to close off any path to a swift end to war in the Middle East. The prospect that the disruption to global energy supplies …
Read More »‘King Charles trip to US should be cancelled’
12-03-2026 LONDON: A planned visit by King Charles to the United States should be cancelled after President Donald Trump repeatedly insulted Britain, the leader of the country’s third-biggest party in parliament said on Monday. Trump has repeatedly criticized Prime Minister Keir Starmer after London initially blocked the US from using …
Read More »Gov’ts scramble to limit fallout of Iran war as oil prices surge
12-03-2026 SINGAPORE: Governments scrambled to limit the impact on economies and consumers from the widening Iran war, which fueled a record surge in oil prices on Monday after key producers cut output and Tehran signaled that hardliners would remain in charge. In a sign of mounting governmental concern over supply …
Read More »Oil price surge unlikely to stoke inflation sharply: India
12-03-2026 Bureau Report NEW DELHI: India does not expect inflation to rise substantially from a jump in global crude oil prices triggered by the war in the Middle East, as domestic price levels remain near the lower end of the central bank’s tolerance band, Finance Minister Nirmala Sitharaman said on …
Read More »New wave of Iranian missiles target Gulf nations
12-03-2026 DUBAI: Iranian missiles and drones continue to target Gulf countries, with Bahrain’s state oil company declaring force majeure on Monday for its shipments after its refinery caught fire in an Iranian attack. Gulf airspace has been shut and oil production and supply disrupted after Iran targeted US assets located …
Read More »Israeli attacks displace over 500,000 in Lebanon
12-03-2026 BEIRUT: More than half a million people in Lebanon have been registered as displaced after fighting restarted between Israel and Hezbollah following the United States and Israel’s war on Iran. Lebanon’s Social Affairs Minister Haneen Sayed told a press briefing on Sunday that the total number of people who …
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