April 30, 2026 11:47 AM

Iran Rial hits record low as US blockade tightens pressure

Tensions between the United States and Iran continue to escalate, with Washington signalling it is prepared to sustain a naval blockade of Iranian ports for an extended period, even as the financial cost to the US has crossed 25 billion dollars, according to a Pentagon assessment. US President Donald Trump issued a sharp warning on social media, urging Iran to “get smart,” effectively rejecting a recent peace proposal conveyed through backchannel contacts. Deadlock Over Nuclear Programme ...

April 18, 2026 5:28 PM

Ceasefire brings cautious calm to West Asia, but Iran-US maritime tensions persist

A fragile but significant calm is settling over parts of West Asia after a US-brokered ten-day ceasefire between Israel and Lebanon came into effect Thursday , marking what President Donald Trump called a potentially historic moment for the region. The truce, which follows six weeks of fighting between Israel and the Iran-backed armed group Hezbollah, has held through its first full day, with thousands of displaced Lebanese families loading their cars and returning south toward homes they fled t...

March 23, 2026 12:03 PM

Gold, silver plunge up to 6 pc on global weakness

Gold and silver prices in India traded sharply lower on Monday, tracking weakness in global bullion markets amid rising concerns over inflation and potential interest rate hikes following escalating US-Iran tensions. On the Multi Commodity Exchange (MCX), gold futures dropped steeply at the opening. Gold futures for (April 2) fell as much as 5.59 per cent, or Rs 8,089, to hit an intra-day low of Rs 1,36,403 per 10 grams by 9:40 am, while silver declined 6.63 per cent, or Rs 15,043, to Rs 2,11,7...

February 25, 2026 11:47 AM

Trump lays out case for possible attack on Iran in State of the Union

U.S. President Donald Trump briefly laid out his case for a possible attack on Iran in his State of the Union speech to Congress on Tuesday, saying he would not allow the world's biggest sponsor of terrorism to have a nuclear weapon. Even while assembling a massive military force in the Middle East, Trump has done little to explain to the American public why he might be leading the U.S. into its most aggressive action against the Islamic Republic since its 1979 revolution. In his speech, Trump...

February 24, 2026 8:44 AM

US pulling non-essential staff from embassy in Beirut amid Iran tensions

The State Department is pulling out non-essential government personnel and their eligible family members from the U.S. embassy in Beirut, a senior State Department official said on Monday, amid growing concerns about the risk of a military conflict with Iran. "We continuously assess the security environment, and based on our latest review, we determined it prudent to reduce our footprint to essential personnel," said a senior State Department official, speaking on condition of anonymity. "The ...

July 28, 2025 7:34 PM

Trump warns Iran that its nuclear sites could be bombed again

U.S. President Donald Trump warned on Monday that he would order fresh U.S. attacks on Iran’s nuclear facilities should Tehran try to restart facilities that the United States bombed last month. Trump issued the threat as he held talks with British Prime Minister Keir Starmer at his Turnberry golf resort on the western coast of Scotland. Iran, which denies seeking to develop a nuclear weapon, has insisted it will not give up domestic uranium enrichment despite the bombings of three nuclear s...