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Oil jumps to highest price since 2023 amid Iran war, weak US jobs data rattles Wall Street stocks

Oil jumps to highest price since 2023 amid Iran war, weak US jobs data rattles Wall Street stocks

Washington: Global financial markets witnessed a turbulent week as oil prices surged to their highest level since 2023 amid escalating tensions linked to the ongoing conflict in the Middle East. The spike in energy prices, combined with disappointing US employment data, triggered a sharp sell-off across Wall Street and raised fresh concerns about the health of the global economy. Brent crude, the international benchmark for oil prices, jumped sharply and settled at USD 92.69 per barrel after rising as much as 8.5 per cent during trading. At one point it crossed USD 94, marking its highest level since September 2023.…
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Iran War Day 8 Live Updates: Saudi Arabia intercepts drones headed for an oil field

Iran War Day 8 Live Updates: Saudi Arabia intercepts drones headed for an oil field

New Delhi: Tensions across West Asia continue to escalate as the military conflict involving the United States, Israel and Iran has entered its eighth day. The conflict began on February 28 with a high-profile strike in Tehran and has since expanded beyond limited air attacks into a broader multi-front war, including naval confrontations in the Indian Ocean and drone operations across the Gulf region. In a sign of Washington's tougher stance, President Donald Trump announced on Truth Social that talks with Tehran will not resume unless Iran agrees to what he described as an "unconditional surrender." For the last one…
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After Russia’s intel support on US assets, China mulls financial aid, missile components for Iran: Report

After Russia’s intel support on US assets, China mulls financial aid, missile components for Iran: Report

New Delhi: The United States has intelligence suggesting that China may be considering financial assistance for Iran, along with the supply of spare parts and missile components, according to a report by CNN citing people familiar with the matter. The development follows reports that Russia has been providing Iran with real-time intelligence on the locations of American military assets in the Middle East, including warships and aircraft. Such information could potentially help Tehran target US forces amid the ongoing conflict. According to one source cited in the report, China appears to be taking a more cautious approach to supporting Iran,…
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Epstein files: Woman claims Trump sexually assaulted her as minor in new batch of documents released by US

Epstein files: Woman claims Trump sexually assaulted her as minor in new batch of documents released by US

Washington: The US Department of Justice has released a new set of documents linked to the investigation into financier Jeffrey Epstein, including records referring to a woman who alleged that US President Donald Trump sexually assaulted her when she was between 13 and 15 years old. The documents relate to a 2019 statement the woman gave to the Federal Bureau of Investigation, in which she alleged that Epstein introduced her to Trump in either New York or New Jersey. The records summarise interviews conducted by FBI agents in 2019 as part of the broader probe into Epstein, who was accused…
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‘Zionist regime made a big mistake’: Post on Khamenei’s X handle warns Israel of dire consequences

‘Zionist regime made a big mistake’: Post on Khamenei’s X handle warns Israel of dire consequences

Tehran: A warning has been issued from official X handle of Iranโ€™s former Supreme Leader Ayatollah Ali Khamenei days after his killing in strikes by the US and Iran. The message warned Israel against the โ€œmistakeโ€ it made, warning the Zionist regime to bear consequences. โ€œThe Zionist regime has made a big mistake, and its consequences will make the regime desperate, by God's grace,โ€ the post read. The warning from Iran came shortly after US President Donald Trump categorically conveyed that there will be no talks with Iran to ease tensions and that โ€œunconditional surrenderโ€ was the only option left…
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‘We are committed to lasting peace, but…’: Iran President’s big remark on truce amid West Asia conflict

‘We are committed to lasting peace, but…’: Iran President’s big remark on truce amid West Asia conflict

Tehran: As the conflict in the Middle East continues to escalate, Iranian President Masoud Pezeshkian on Friday spoke about ongoing "mediation efforts"ย aimed at resolving the crisis. In a post on social media platform X, Pezeshkian said several countries had begun attempts to mediate between the US, Israel and Iran. Clarifying Tehranโ€™s position, the Iranian President said the country remained committed to long-term peace in West Asia but stressed that mediation should be directed at those he blamed for triggering the tensions. "Some countries have initiated efforts for mediation. Our response to them is clear: We are committed to lasting peace…
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‘No deal with Iran except unconditional surrender’: Trump’s stark warning amid widening conflict

‘No deal with Iran except unconditional surrender’: Trump’s stark warning amid widening conflict

Washington: US President Donald Trump has issued a stern warning to Iran amid massive ongoing conflict in the Middle East. The US President categorically said that there will be โ€œno dealโ€ with Tehran and that only surrender was an option left before them.ย ย  He said the US and its allies would choose an โ€œacceptableโ€ leader to helm the strife-hit country to ensure peace and stability.ย  โ€œThere will be no deal with Iran except UNCONDITIONAL SURRENDER! After that, and the selection of a GREAT & ACCEPTABLE Leader(s), we, and many of our wonderful and very brave allies and partners, will work…
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US strikes Iran drone carrier at sea, vessel catches fire as Washington vows to destroy Tehran navy | VIDEO

US strikes Iran drone carrier at sea, vessel catches fire as Washington vows to destroy Tehran navy | VIDEO

Washington: The ongoing war between the United States and Iran has intensified sharply, with the US military claiming that it has struck an Iranian drone carrier at sea. According to American officials, the vessel caught fire after the attack and is currently in flames, denoting a significantย escalation in naval operations linked to the ongoing regional conflict.ย The development comes amid expanding hostilities between the US and Iran, with Washington indicating that it is determined to weaken Iran's naval capabilities through sustained military operations. US military shares images of burning vessel The US military also released visuals of the Iranian drone carrier…
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Balen Shah: From rapper and engineer to Nepal’s rising political star

Balen Shah: From rapper and engineer to Nepal’s rising political star

Kathmandu: Balendra Shah, popularly known as Balen Shah, has emerged as a transformative figure in Nepalese politics, blending his unconventional background as a rapper, structural engineer, and former Kathmandu mayor into a potent challenge against the establishment. At 35, the Rastriya Swatantra Party (RSP) senior leader and prime ministerial aspirant first stunned the nation in 2022 by winning the Kathmandu mayoralty as an independent, securing 61,767 votes against candidates from Nepali Congress and CPN-UML. His meteoric trajectory, from underground rap battles to city hall reforms and now national contention in Jhapa-5 against ex-PM KP Sharma Oli, captures a youth-driven revolt…
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Indonesia moves to ban social media for children under 16

Indonesia moves to ban social media for children under 16

Jakarta: Indonesia has introduced a new rule that will stop children younger than 16 from having accounts on several popular social media platforms. The regulation was signed on Friday by the countryโ€™s Minister for Communication and Digital Affairs, Meutya Hafid. The minister said the government had approved a regulation aimed at protecting young users from potential risks on digital platforms. Under the new measure, minors below the age of 16 will not be allowed to create or maintain accounts on platforms considered high-risk. These platforms include widely used services such as YouTube, TikTok, Facebook, Instagram, Threads, X, Bigo Live and…
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