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West Asia Conflict

West Asia Conflict

The war in West Asia, which began on February 28, has sent shockwaves across global markets. With neither side showing signs of backing down, the conflict appears far from resolution.
 
Crude oil prices have stayed above $100 a barrel, raising concerns for import-dependent economies like India. Analysts have begun trimming India Inc’s earnings growth forecasts for FY27, factoring in rising input costs and macro uncertainty.
 
Brokerages, too, are recalibrating their stance on Indian equities. Goldman Sachs, for instance, has downgraded India to “market-weight”, citing a “deteriorating macro mix”. The crisis has effectively turned into a supply shock, disrupting energy availability and pushing
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Iran's shadow fleet: How sanctioned oil is moving through Malaysia's waters

Companies continue to service a "dark fleet" of Iranian tankers in waters off Malaysia in spite of Washington's threat to target them

Updated On : 08 Oct 2026 | 9:39 AM IST
West Asia Conflict

Trump's retreat: US forces pull back from Gulf, Britain amid Iran war

A war that was intended to demonstrate the reach of American power has now done the opposite. It is a lesson in unintended consequences

Updated On : 08 Oct 2026 | 9:12 AM IST
West Asia Conflict

US prepares military for possible new Iran strikes, Trump yet to decide

The Pentagon has instructed US Central Command to prepare for possible renewed strikes on Iran, with potential targets including energy, infrastructure and nuclear facilities

Updated On : 08 Oct 2026 | 8:50 AM IST
West Asia Conflict

Trump says Iran war will end 'very quickly', oil prices will tumble

Trump said the US had taken away Iran's nuclear power and predicted a swift end to the war, while Tehran rejected his claims over the Iranian oil minister's resignation

Updated On : 08 Oct 2026 | 8:37 AM IST
West Asia Conflict

Latest Updates on West Asia Conflict

12 killed, over 300 injured in latest attack on Saudi's Riyadh airport

The latest attack on the international airport in Saudi Arabia's capital of Riyadh killed 12 people and injured over 300 others, civil aviation authorities said early Sunday, with some in critical condition. A Saudi-led coalition blamed Iran-backed Houthi rebels in neighboring Yemen. It was the deadliest attack in any Gulf Arab country since the start of the Iran war, whose fronts have expanded to include the recent surge in fighting between the Houthis and Saudi-backed Yemeni government forces. A missile struck a King Khalid International Airport complex housing terminals 3 and 4 for domestic flights, a regional official said, speaking on condition of anonymity because they weren't authorized to speak to the media. The Saudi statement said the dead included four Saudi citizens as well as two Bangladeshi nationals, a Palestinian, a US citizen, an Egyptian, a Jordanian, a Syrian and a Sudanese. It said the injured were being treated at several hospitals. Trump said he would consider

12 killed, over 300 injured in latest attack on Saudi's Riyadh airport
Updated On : 11 Oct 2026 | 10:23 PM IST

US military disables cargo ship attempting to breach Iran blockade

CENTCOM said the cargo vessel had attempted ‌to transit regional waters after leaving an Iranian port

US military disables cargo ship attempting to breach Iran blockade
Updated On : 11 Oct 2026 | 8:22 AM IST

US sanctions 27 firms, 22 vessels in fresh crackdown on Iran's oil trade

The latest action was aimed at cutting off revenue used by the Iranian regime and targeting those facilitating Iran's oil sales and sanctions evasion

US sanctions 27 firms, 22 vessels in fresh crackdown on Iran's oil trade
Updated On : 09 Oct 2026 | 7:42 AM IST

3 killed as Houthi attacks hit Saudi airports in Abha, Riyadh: Officials

Two attacks on airports in Saudi Arabia claimed by Iran-backed Houthi rebels in neighbouring Yemen killed three people Wednesday, Saudi officials said, as the kingdom was pulled deeper into the latest front in the Iran war. The Saudi General Authority for Civil Aviation did not blame any party for the attacks at Abha and Riyadh's King Khalid international airports, but Houthi rebels took credit earlier for the airport strikes. The attack on Abha airport killed Moroccan and Algerian residents and wounded 28 other people, while the attack on King Khalid airport killed a Sudanese national and wounded eight other people, officials said. As Riyadh has been targeted over the past week, new cage-like fences have been erected around fuel tanks and other equipment of the Saudi state-run Aramco oil company near the capital's airport. The kingdom, the world's top oil exporter, has seen oil and military assets targeted in recent days, posing a threat to crucial shipping alternative to the Strai

3 killed as Houthi attacks hit Saudi airports in Abha, Riyadh: Officials
Updated On : 08 Oct 2026 | 8:26 AM IST

US rejects Iran's claim that Hormuz is closed, says crude moving through

US CENTCOM said that commercial and energy traffic, including 20 million barrels of crude oil, continues to move through the Strait of Hormuz as Iran warns some transit routes could be closed

US rejects Iran's claim that Hormuz is closed, says crude moving through
Updated On : 08 Oct 2026 | 7:35 AM IST

Oil prices rise as West Asia shipping attacks fuel fresh supply concerns

Brent crude rises to $101.53 a barrel as attacks on tankers in the Gulf and Strait of Hormuz intensify, raising concerns over supply risks despite plans to release emergency oil stocks

Oil prices rise as West Asia shipping attacks fuel fresh supply concerns
Updated On : 08 Oct 2026 | 7:30 AM IST

Nobody knows who is running Iran, says Trump as war enters eighth month

Iran's foreign ​ministry spokesman said on Sunday Washington knows very well who their counterpart is in Iran and how the decision-making system in Iran works

Nobody knows who is running Iran, says Trump as war enters eighth month
Updated On : 07 Oct 2026 | 8:37 AM IST

Iran must cut enrichment to end war, says US Vice President JD Vance

Vance, a longtime skeptic of US involvement in foreign wars, has taken a leading role in negotiating a settlement to the conflict and brokered a provisional peace deal in June that quickly fell apart

Iran must cut enrichment to end war, says US Vice President JD Vance
Updated On : 07 Oct 2026 | 8:23 AM IST

Aramco CEO says less than 10% of world oil inventory is available

Aramco CEO Amin Nasser warned that global oil stocks are 'scarily thin' and said rebuilding inventories after the crisis could take up to two years

Aramco CEO says less than 10% of world oil inventory is available
Updated On : 05 Oct 2026 | 4:13 PM IST

Iran's top security official warns of dire economic crisis as war drags on

The rare admission from Mohsen Rezaei, the security chief, came weeks after the US tightened sanctions and its naval blockade

Iran's top security official warns of dire economic crisis as war drags on
Updated On : 05 Oct 2026 | 8:09 AM IST

Strait of Hormuz will not reopen until conditions are met, says Iran

Iran's parliament speaker Mohammad Baqer Qalibaf said the Strait of Hormuz will remain closed until Washington meets seven conditions agreed under a June interim pact

Strait of Hormuz will not reopen until conditions are met, says Iran
Updated On : 04 Oct 2026 | 12:18 PM IST

Trump declines to reveal next move on Iran, says conflict 'won't be long'

The US president said the situation was "working out very well" and predicted oil prices would fall once the Iran conflict ends, without giving details of his next steps or a timeline

Trump declines to reveal next move on Iran, says conflict 'won't be long'
Updated On : 03 Oct 2026 | 11:31 AM IST

5 Indians rescued after Kuwait-flagged tanker hit by projectile in Hormuz

The Indian Embassy in Oman coordinated the rescue of five Indian nationals aboard the crude oil tanker MT Kazimah III after it was struck by a projectile in the Strait of Hormuz

5 Indians rescued after Kuwait-flagged tanker hit by projectile in Hormuz
Updated On : 03 Oct 2026 | 7:46 AM IST

September LNG shipments via Hormuz hit highest since start of US-Iran war

A total of 19 LNG cargoes were shipped through the key waterway in September, made up of 13 from Qatar and ‌six from the United Arab Emirates, S&P Global Energy said

September LNG shipments via Hormuz hit highest since start of US-Iran war
Updated On : 02 Oct 2026 | 10:16 PM IST

Fuel subsidies may top $1 trillion as Iran war drives energy costs, says UN

The UNDP warned the next couple of months will be particularly important for governments that have deployed price caps, subsidies and tax rebates as oil near $100-a-barrel

Fuel subsidies may top $1 trillion as Iran war drives energy costs, says UN
Updated On : 02 Oct 2026 | 10:45 AM IST

RTX recieves $24.4 billion US Navy missile deal to boost SM-6 output

RTX secured a five-year US Navy contract to accelerate production of SM-6 missiles as Washington seeks to replenish weapons stockpiles amid Iran war

RTX recieves $24.4 billion US Navy missile deal to boost SM-6 output
Updated On : 02 Oct 2026 | 9:52 AM IST