YOU WONT BELIEVE: 38 - What They Never Told You

Oil price rises above $95 mark as Middle East conflict escalates

Global supply disrupted by US-Iran aggression in strait of Hormuz and Houthi threats in Bab el-Mandeb

The Guardian - UK · Jul 22

Why is a proposed US-Saudi nuclear pact causing alarm in Washington and the Middle East?

The Trump administration supports a nuclear pact with Saudi Arabia. This agreement allows uranium enrichment and spent fuel processing by Riyadh. Saudi Arabia seeks nuclear power to reduce carbon emissions and export more oil. The United States gains strategic and commercial benefits from this cooperation. Other nations like China and…

The Economic Times · Jul 22

Rupee languishes at two-month lows as supply worries raise oil prices

The Indian rupee hit a two-month low on Wednesday amid rising oil prices spurred by worries over Middle Eastern supply disruptions. In an effort to contain the rupee's decline, state-run banks stepped in to sell off dollars. Increased energy prices are forecasted to exacerbate inflationary pressures and expand India's deficit.…

The Economic Times · Jul 22

Iran warns of ‘eye for an eye’ response if US follows through on Trump’s threats to destroy infrastructure – as it happened

US president vows to destroy an Iranian bridge or power plant for each strait of Hormuz attack; Iran’s military says it will stop Gulf oil flow and target regional infrastructure if US acts on threats, state tv reports

The Guardian - AU · Jul 22

Trump attends dignified transfer of four US soldiers killed in Middle East

This was the third such transfer Trump has attended since he launched the war in Iran in February

The Independent UK · Jul 22

Why did market fall today? 7 triggers behind Rs 4 lakh crore wealth wipeout

Indian stock markets experienced significant declines on Wednesday. Escalating Iran-US tensions and tariff threats spooked investors, causing major indices to fall. Oil prices surged above $92 per barrel, impacting market sentiment negatively. The Indian rupee also weakened against the US dollar amid global uncertainties. Persistent foreign investor selling further weighed…

The Economic Times · Jul 22

Modi’s protectionism push creates stock winners in laggard India

A Bloomberg-compiled basket of 15 stocks linked to import substitution has rallied more than 20% since the start of the Middle East conflict, outperforming the benchmark NSE Nifty 50 Index, which has dropped about 2%. The rally stands out as the basket has become a haven for investors seeking shelter…

The Economic Times · Jul 22

Gold nears two-week high as Fed outlook, Middle East conflict stay in focus

Gold prices climbed to a two-week high amid technical buying and Middle East tensions. Investors await the Federal Reserve meeting for interest rate outlook clues. Oil prices rose over one percent due to shipping disruptions in the Red Sea. Iran's interior minister visited Pakistan seeking continued mediation efforts. Other precious…

The Economic Times · Jul 22

Middle East live: Trump attends dignified transfer of US service members killed in Iran war

President Donald Trump on Wednesday ​attended a dignified transfer of remains ceremony at a military base in Delaware for four US service members killed in the Iran war. Of the four slain soldiers, three were killed in an Iranian missile attack on a military base in Jordan and another died…

France 24 · Jul 22

Lindt’s Easter chocolate bunny suffers sales drop over price hike and Iran war

Middle East conflicts deter tourists from Asia, hitting airport takings as El Niño set to reduce cocoa crop

The Independent UK · Jul 21