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The Hormuz Strait disruption, driven by regional tensions and safety concerns, has curtailed tanker movements, raising insurance costs and delaying crude shipments. Asian oil markets, refining schedules, and LNG supply are affected, with broad implications for global energy availability and prices.
Dubai authorities urge expats: Only head to airport if your airline confirms departure. Air India and SpiceJet resume limited flights; many carriers suspend till March 4.
துபாய், பெங்களூர், பிவி சிந்து: PV Sindhu has returned home to Bengaluru days after being stranded in Dubai due to Middle East airspace closures and flight suspensions triggered by US-Israel strikes on Iran and retaliatory attacks. She narrowly escaped an explosion near her accommodation, was relocated to safety, missed the All England Open Badminton Championships, and thanked Dubai authorities fo
துபாய் – பெங்களூர்: Kempegowda International Airport in Bengaluru turned eerily quiet on Tuesday as 42 flights (21 arrivals + 21 departures) were cancelled until 3 p.m. due to airspace restrictions triggered by escalating Iran-Israel conflict and regional tensions. Major affected routes include Abu Dhabi, Riyadh, Jeddah, Dammam, Dubai and Doha – key West Asia connections from Bengaluru – leaving t
The Employees’ Provident Fund Organisation (EPFO) has fixed the interest rate on EPF deposits at 8.25% for the financial year 2025-26, matching the rate from 2024-25 and marking the second straight year without change.
US-Israel military strike kills Iran’s Ayatollah Khamenei, sparking aggressive retaliation and regional fears. This has spiked global gold to $5357/oz and silver to $90/oz, with experts predicting gold could reach $6000/oz (translating to ₹20,000/gram in India) if the war lasts weeks.
Amid upcoming assembly elections, Tamil Nadu CM MK Stalin’s government credited special summer funds directly into bank accounts: ₹2000 extra for over 37 lakh elderly, widows, transgender elderly, and differently-abled beneficiaries alongside their monthly pensions (totaling ₹3200–₹4000 per person). This follows a similar ₹2000 bonus for 1.3 crore women under the Kalaignar Magalir Urimai Thittam
A senior Iranian Revolutionary Guards official declared the Strait of Hormuz closed, vowing to attack any ships attempting passage, following US and Israeli strikes on Iran on February 28 . This threatens 20% of global oil flows through the key export route connecting Gulf producers to international markets
The US Secretary of State Marco Rubio urged Americans in 14 Middle Eastern countries, including Egypt, Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, UAE, and Yemen, to depart immediately due to serious safety risks from ongoing conflicts.
Israeli Prime Minister Benjamin Netanyahu narrowly escaped death in a direct Iranian missile attack targeting him, then emerged from the rubble of a damaged Jewish synagogue in Be’er Sheva to thank Indian Prime Minister Narendra Modi for India’s strong support and condemnation of Iran’s strikes on Arab nations. In an interview amid the debris, Netanyahu highlighted his close friendship with Modi,
