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New Delhi: India's Embassy in Riyadh swiftly debunked rumors of an Indian national's death in an Iranian projectile strike on Saudi Arabia's Al Kharj governorate, reassuring that the lone Indian affected survived with injuries and is under hospital care. In a relief-filled X post, the embassy detailed its coordination with Saudi officials and a personal visit by Counsellor (CW) Y Sabir to the wounded worker, quelling anxiety among expatriate families back home. This update pierced through initial confusion as regional tensions boiled over from Iran's retaliatory barrages against US-Israeli actions. Clarifying casualties in the deadly Al Kharj assault The Sunday…

Tehran: Amid intensified war in the Middle East, oil prices eclipsed $100 per barrel for the first time in more than three-and-a-half years on Sunday as the Iran war hinders production and shipping in the Middle East. The price for a barrel of Brent crude, the international standard, was at $107.97 after trading resumed on the Chicago Mercantile Exchange, up 16.5 per cent from its Friday closing price of $92.69. Crude oil produced in the United States was selling for about $106.22 a barrel West Texas Intermediate, the light, sweet crude oil produced in the United States, was selling for…

Washington: US President Donald Trump dismissed concerns over skyrocketing global oil prices, framing the short-term spike as a worthwhile trade-off for eliminating Iran's nuclear program. In a fiery Truth Social post amid escalating West Asia tensions, he insisted that prices would plummet once the threat is eradicated, labeling any doubters as 'fools.' This bold stance comes as US military actions against Iran have ignited fears of prolonged energy disruptions, sending oil benchmarks soaring past $100 per barrel for the first time since the Russia-Ukraine war erupted in 2022. Surging oil prices amid regional escalation Global oil markets convulsed as conflict…