Iran Financial News

Write to Margherita Stancati at [email protected] and Sune Engel Rasmussen at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.

Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Subscribe to enjoy similar stories. Venezuela has long used the same playbook as Russia and Iran to get around crippling American sanctions on its oil industry, tapping a shadowy fleet of aging vessels to carry crude to customers. President Trump’s partial oil blockade threatens to devastate this black market, which U.S.

Subscribe to enjoy similar stories. Historically, for the people of Kashmir, there is only one shahr or city, writes Sameer Hamdani in his new book City of Kashmir—Srinagar: A Popular History. Depending on which part of Kashmir you are in, you are either going up (khasun) or down (vasun) to Srinagar. The common inclination is to look at Srinagar through the prism of militancy, violence and stone-pelting—like a fault line, there’s a clear demarcation between before and after 1990’s Srinagar.

Subscribe to enjoy similar stories. Delhi and Mumbai are deep into a polluted winter, and pets are breathing the same toxic air we are. Poor air quality harms pets slowly rather than dramatically, which means the safest approach is to plan the day around the air instead of sticking to routine out of habit.

Pakistani crew member on a fishing vessel off the Oman coast, the Navy said on Sunday. INS Trikand, a mission-deployed stealth frigate of the Indian Navy, on Friday intercepted a distress call from an Iranian dhow Al Omeedi, operating approximately 350 nautical miles east of the Oman coast. The Navy, in a release, said upon investigation, it was found that a crew member of the dhow had sustained severe injuries to his fingers while working on the engine and was in critical condition and that he had been transferred to another dhow, FV Abdul Rehman Hanzia, which was en route to Iran. «Trikand immediately altered her course to provide medical assistance to the injured crew member. The crew of FV Abdul Rehman Hanzia consisted of 11 Pakistani (nine Baloch and two Sindhi) and five Iranian personnel. The injured Pakistani (Baloch) national had suffered multiple fractures and severe hand injuries, resulting in heavy blood loss,» the Navy said. The medical officer of INS Trikand, along with a team comprising MARCOS (Marine Commandos) and the ship's boarding team, boarded the vessel to administer aid, it said. After administering local anaesthesia, the ship's medical team performed suturing and splinting on the injured fingers, and the surgical procedure, which lasted for over three hours, was completed, it said,

In a message addressed to Donald Trump, he states that only immediate action can prevent a global catastrophe.

The US State Department said in a statement that «today's action is a part of President Trump's maximum pressure campaign on the Iranian regime to disrupt efforts by the US-sanctioned Iran-based Qods Aviation Industries to procure equipment for Iran's military-industrial complex and UAV program.» «The United States will use all available means to expose and disrupt Iran's growing UAV and missile development programs and weapons proliferation, which destabilize the Middle East and beyond,» the statement added. Further, the State Department said that they will «continue to act» against the complex schemes Iran uses in third countries to conceal its acquisition and its transfers of sensitive technology. According to the US State Department, Iran uses this technology and the proceeds from arms sales to bolster its military industrial base to build missiles and UAVs, which are used against fellow countries, as well as exported to Russia, terrorist proxy groups around the Middle East, and to other actors of concern

The campaign appears to show no signs of stopping as the Trump administration again linked their airstrikes on the Iranian-backed Houthis to an effort to pressure Iran over its rapidly advancing nuclear program. While so far giving no specifics about the campaign and its targets, White House press secretary Karoline Leavitt put the overall number of strikes on Tuesday at over 200. «Iran is incredibly weakened as a result of these attacks and we have seen they have taken out Houthi leaders,» Leavitt said. «They've taken out critical members who were launching strikes on naval ships and on commercial vessels and this operation will not stop until the freedom of navigation in this region is restored.» The Houthis have not acknowledged the loss of any of its leadership so far — and the US has not identified any official by name. However, messages released by the leak of a Signal conversation between Trump administration officials and their public comments suggest a leader in the rebels' missile forces had been targeted. Fatal strike reportedly targets Hodeida

Gold June futures contracts at MCX rose by Rs 677 to their new all-time high of Rs 90,797 on Tuesday, April 1, amid uncertainties surrounding the trade war. Meanwhile, silver May futures contracts have been volatile, but firmly above the Rs 1 lakh/kg mark. The same opened higher today at Rs 1,00,791/kg, gaining of Rs 726 or 0.73%.

However, such talks have made no progress since Trump in his first term unilaterally withdrew America from Tehran's nuclear deal with world powers in 2018. In the years since, regional tensions have boiled over into attacks at sea and on land. Then came the Israel-Hamas war in the Gaza Strip, which saw Israel target militant group leaders across Iran's self-described «Axis of Resistance». Now, as the US conducts intense airstrikes targeting the Iranian-backed Houthi rebels of Yemen, the risk of military action targeting Iran's nuclear programme remains on the table. «We don't avoid talks; it's the breach of promises that has caused issues for us so far,» Pezeshkian said in televised remarks during a Cabinet meeting. «They must prove that they can build trust.»

Donald Trump was consumed by a single question. What should he do about his national security adviser, Michael Waltz? «Should I fire him?» he asked aides and allies as the fallout continued over the stunning leak of a Signal group chat set up by Waltz, who had inadvertently added a journalist to the thread about an upcoming military strike in Yemen. In public, Trump's default position has been to defend Waltz and attack the media. On Tuesday, the day after Jeffrey Goldberg of The Atlantic broke the story about being included in the chat, the president said Waltz was a «good man» who had nothing to apologize for. But behind the scenes, Trump has been asking people inside and outside the administration what they thought he should do. He told allies that he was unhappy with the press coverage but that he did not want to be seen as caving to a media swarm, according to several people briefed on his comments. And he said he was reluctant to fire people in the senior ranks so early in his second term.

Subscribe to enjoy similar stories. Crown Prince Mohammed bin Salman prides himself on strong relations with President Trump, but Mr. Trump’s second term is posing serious dilemmas for the young Saudi leader, known as MBS.

Subscribe to enjoy similar stories. TEN years and a lifetime ago, Binyamin Netanyahu offered a stark vision of the future. Israel’s prime minister told a parliamentary committee that there could never be peace with the Palestinians.

Jeffrey Goldberg said on March that he was accidentally added to a group chat with top members of the Trump Administration, as they discussed plans to attack the Houthis of Yemen earlier this month. Goldberg, the editor-in-chief of The Atlantic magazine, detailed the events in an article for the publication (“The Trump Administration Accidentally Texted Me Its War Plans”). The group chat on the encrypted messaging platform Signal included US Vice President JD Vance, Defence Secretary Pete Hegseth, National Security Adviser Michael Waltz and Secretary of State Marco Rubio.

However, foreign fund inflows supported the rupee at lower levels.

Trump administration on Tuesday added 80 companies and organizations to a list of companies that are barred from buying American technology and other exports because of national security concerns. The move, which targeted primarily Chinese firms, cracks down on companies that have been big buyers of American chips from Nvidia, Intel and AMD. It also closed loopholes that Trump administration officials have long criticized as allowing Chinese firms to continue to advance technologically despite US restrictions. One company added to the list, Nettrix Information Industry, was the focus of a 2024 investigation by The New York Times that showed how some Chinese executives had bypassed US restrictions aimed at cutting China off from advanced chips to make artificial intelligence.

Subscribe to enjoy similar stories. Texts by President Trump’s advisers about whether to attack Houthi militants in Yemen underscored the ad hoc nature of the administration’s national security deliberations, a mode that has sometimes left allies bewildered and his own aides at odds. Other presidents have relied on the State Department, Pentagon and National Security Council staff to develop and filter options in an orderly manner.

Trump administration officials mistakenly disclosed war plans in a messaging group that included a journalist shortly before the U.S. attacked Yemen's Iran-aligned Houthis, the White House said on Monday, following a first-hand account by The Atlantic. Democratic lawmakers swiftly blasted the misstep, saying it was a breach of U.S. national security and a violation of law that must be investigated by Congress. The Atlantic's editor-in-chief Jeffrey Goldberg said in a report on Monday that he was unexpectedly invited on March 13 to an encrypted chat group on the Signal messaging app called the «Houthi PC small group.» In the group, national security adviser Mike Waltz tasked his deputy Alex Wong with setting up a «tiger team» to coordinate U.S. action against the Houthis. National Security Council spokesperson Brian Hughes said the chat group appeared to be authentic. U.S. President Donald Trump launched an ongoing campaign of large-scale military strikes against Yemen's Houthis on March 15 over the group's attacks against Red Sea shipping, and he warned Iran, the Houthis' main backer, that it needed to immediately halt support for the group.