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Global oil prices surged and equity markets weakened on Friday after fresh strikes on energy infrastructure in Iran and in retaliation Islamic Republic escalating threats to key facilities across the Gulf raised concerns over supply disruptions.Natural gas prices increased by more than 5%, while Brent crude rose to $111.19 in early trading and extended its…

Gulf on Edge: UAE Condemns Missile Attack on Habshan and Bab Field Amid Iran vs US-Israel War The United Arab Emirates has issued a strong condemnation of what it described as a “terrorist attack” by Iran targeting the Habshan gas facility and the Bab oil field, marking yet another escalation in the rapidly intensifying Iran…

NEW DELHI: The rapid rise in heat in the first half of March, leading to the spectre of an early and long summer in north India, appears to have halted for at least the next two weeks. While an ongoing weather system is bringing rain to north India, two more are expected to impact the…

NEW DELHI: An AI-powered robotics and software systems company, XTEND, which is headquartered in Israel with a major base and production facility in US’ Florida, on Tuesday announced that it has signed an $11 million manufacturing and distribution agreement with India-based defence technology company Rayonix Tech for unmanned aerial vehicles (UAVs) to expand its AI-enabled…

QatarEnergy says Iranian missiles hit Ras Laffan Industrial City, causing “extensive damage” Qatar on Wednesday expelled key Iranian military and security officials along with their staff from its territory, escalating tensions after missile strikes hit key energy infrastructure in the Gulf. The Qatari Foreign Ministry said on Thursday it had declared the military and security…

MUMBAI: The conflict in West Asia is prompting both underwriters and policyholders to reassess the efficacy of travel insurance in addressing geopolitical risks, one of the more persistent uncertainties in recent years.Early signals are visible in claims behaviour. “We have received travel inconvenience claims i.e. flight cancellation, trip cancellation/ interruption, accommodation extension etc. We have…

NEW DELHI: As the Rajya Sabha bid farewell to 59 MPs, PM Narendra Modi told retiring members there is no full stop in politics, while praising the service of senior MPs like H D Deve Gowda, Sharad Pawar and LoP Mallikarjun Kharge.Addressing the House, Modi said that on such occasions, “we rise above partisan differences,…

NEW DELHI: India’s continued engagement with the Gulf saw PM Narendra Modi speaking to Kuwait Crown Prince Sabah Al-Khaled Al-Hamad Al-Mubarak Al-Sabah and underlining the significance of safe navigation through Strait of Hormuz and condemning the Iranian attacks on Kuwait.This was the second time Modi spoke to the Crown Prince since the US-Israel strikes on…

NEW DELHI: On Wednesday, road transport minister Nitin Gadkari had surprise visitors at his chamber in the Lok Sabha. Leader of opposition in Lok Sabha Rahul Gandhi and party general secretary Priyanka Gandhi Vadra, accompanied by a delegation of small truck and bus body builders from Rajasthan reached his office seeking relaxations in the Bus…

Candace Owens draws criticism over women remark as Erika Kirk series pause impacts YouTube podcast numbers (Image via Getty) Candace Owens is in the news again after she said her podcast is the number one podcast in the world. She shared the update on X, writing, “Pleased to announce we are the #1 Podcast globally…