August 4, 2026 9:18 AM

Status of US-Iran talks uncertain as ship struck in Hormuz

Conflicting signals from the United States and Iran over the status of talks to end their five-month-old war boosted uncertainty on Tuesday, with the latest attack on shipping in the Strait of Hormuz highlighting risks to global energy flows. U.S. President Donald Trump said the talks were under way on Monday, warning of a "last chance" for Tehran to sign a good deal, but Iran denied that negotiations were being held or planned. "They are going on right now," Trump told reporters at an Oval Of...

June 29, 2026 4:56 PM

Mediators set up de-escalation channels ahead of US-Iran talks:Report

Iranian and U.S. technical teams working on the implementation of an interim peace deal are expected to meet in Doha in the coming days, a source told Reuters on Monday, after tit-for-tat weekend strikes threatened to derail the fragile accord. Mediators have established communications channels to de-escalate any incidents, and technical talks are set to continue, the source, with knowledge of the discussions, added. However, a senior Iranian official was reported as saying technical meetings w...

June 10, 2026 9:31 PM

US-Iran Hostilities Expand Across Region; Indian Crew Missing After Tanker Incident

Iran has launched a sweeping retaliatory military operation against American bases across West Asia, hours after US forces struck Iranian air defence infrastructure near the Strait of Hormuz. The Islamic Revolutionary Guard Corps claimed attacks on the US Fifth Fleet in Bahrain, the Ali Al Salem Air Base in Kuwait, and a long-range missile strike on the Azraq Air Base in Jordan, describing the operations as a direct response to what it called American aggression. Jordan's armed forces confirmed ...

May 29, 2026 4:32 PM

Markets reverse early gains, end deep in red amid global uncertainty

Indian equity benchmark indices ended sharply lower on Friday after a volatile trading session, as uncertainty surrounding a possible US-Iran understanding triggered heavy selling in the final hour of trade. The Sensex closed at 74,775.74, down 1,092.06 points or 1.44 per cent down, while the Nifty settled at 23,547.75, declining 359.40 points or 1.50 per cent. The Nifty witnessed sharp swings during the session, touching an intra-day high of 24,002.80 before falling to a low of 23,484.75. Si...

May 29, 2026 10:07 AM

Sensex, Nifty trade higher as investors track US-Iran ceasefire developments

Domestic equity markets traded marginally higher in morning trade on Friday as investors and traders closely monitor developments in West Asia and await clarity on a potential extension of the US-Iran ceasefire. Sensex rose as much as 352 points or 0.46 per cent to touch an intraday high of 76,220 in early deals, while Nifty traded around 100 points or 0.40 per cent higher at 24,002. Sectorally, information technology stocks led the gains with Nifty IT rising over 2 per cent, followed by gains...

May 21, 2026 1:29 PM

Pakistan steps up diplomatic bid to get US-Iran peace talks on track

Pakistan stepped up diplomatic efforts on Thursday to hasten U.S. and Iran peace talks, as Tehran said it was reviewing Washington's latest responses and President Donald Trump suggested he could wait a few days for "the right answers" from Tehran but was also willing to resume attacks on the country. Six weeks since a fragile ceasefire took effect, talks to end the war have made little progress, while soaring oil prices have raised concern over inflation and the impact on the global economy. ...

April 30, 2026 1:06 PM

US war in Iran has cost $25 billion so far, says Pentagon official

The United States' war in Iran has cost $25 billion so far, a senior Pentagon official said on Wednesday, providing the first official estimate of the military's price tag for the conflict. With just six months before midterm elections in which President Donald Trump's Republicans may face an uphill battle to keep their House majority, Democrats are riding high in public opinion polls as they attempt to link the unpopular Iran war with affordability. Jules Hurst, who is performing the duties o...

April 24, 2026 11:59 AM

Iran fast-boat swarms add to Hormuz threats for shipping

Iran's use of a swarm of small, fast boats to seize two container ships near the Strait of Hormuz could undermine suggestions U.S. forces have disabled its naval threat and reveals the challenges facing reopening one of the world's most important oil export routes. U.S. President Donald Trump on Monday acknowledged that while Iran’s conventional navy had been largely destroyed, its "fast-attack ships" had not been considered much of a threat. He said any such vessels coming near a U.S. block...

April 24, 2026 10:02 AM

Asia shares mixed, oil advances on US-Iran deadlock

Asia shares struggled on Friday and oil prices resumed their rise, as a shaky ceasefire in the Middle East war and stalled U.S.-Iran peace talks gave investors little to cheer. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3% and was set to end the week with a 0.8% gain, while Japan's Nikkei added 0.45% and stocks in South Korea , China and Hong Kong  fell. Nasdaq futures NQc1 and S&P 500 futures advanced 0.6% and 0.1%, respectively, after closing lower in the cash ses...

February 17, 2026 5:16 PM

Trump backs US-Iran talks in Geneva, cautions of fallout if efforts collapse

American President Donald Trump said he would be “involved in those talks indirectly” as US and Iranian officials prepare to meet in Geneva, expressing hope for a breakthrough while warning of consequences if diplomacy fails. “Typically, Iran's a very tough negotiator,” Trump told reporters abroad Air Force One on his way back from Florida. “I hope, I hope they be more reasonable. They want to make a deal.” He added, “I don't think they want the consequences of not making a deal....