Evening news wrap: Trump declares 5-day halt on Iran infra strikes, Tehran mocks him; Sensex slumps 1,800 points and more | India News
- Donald Trump has halted planned strikes on Iran for five days after “productive” talks.
- Iran claimed that Trump had “backed down”, while Brent crude fell below $100.
- Prime Minister Modi said the war in the Middle East has created an unprecedented challenge for India.
- A second suspected “zombie ship” has been reported crossing the Strait of Hormuz.
- As oil surged and war fears deepened, Indian markets tumbled, wiping out Rs 14 lakh crore.
Here are the top stories of the day:
Trump said US-Iran talks ‘Productive’, halts strike for five days
US President Donald Trump said Washington and Tehran had “very good and productive” talks over the past two days and announced a five-day pause in planned attacks on Iran’s power plants and energy infrastructure, signaling a possible de-escalation. The move came after his 48-hour ultimatum on the Strait of Hormuz. Read the full story
Iran says Trump ‘backed down’ as Brent crude slides on strike break
Iran reacted strongly after US President Donald Trump called off a planned attack on Iran’s energy infrastructure for five days, with Tehran’s mission in Kabul claiming he had “backed off” after Iran’s strong warning. The de-escalation signal hit the oil market hard, with Brent crude falling below $100 and briefly touching around $96 a barrel. Follow the live updates
Prime Minister Modi said the war in the Middle East posed an ‘unprecedented challenge’ for India
Prime Minister Narendra Modi said the ongoing Middle East war posed “unprecedented challenges” for India, citing its impact on the global economy, energy supplies and the security of Indian citizens in the Gulf. Addressing Parliament, Prime Minister Modi said around 1 crore Indians live in the region and more than 3.75 lakh have returned home safely since the war began, including around 1,000 from Iran. Read the full story
The ‘zombie tanker’ mystery deepens as a second suspected ghost ship crosses the Hormuz
A second suspected “zombie ship” is said to have crossed the Strait of Hormuz, a vessel using Naveen’s identity was seen transiting the chokepoint even though records show the original tanker was scrapped in Bangladesh five years ago. The case follows a similar incident in Jamal days earlier, pointing to unusual tactics by operators trying to move cargo through the war-torn strait. Read the full story
Sensex falls 1,800 points as oil shock wipes out Rs 14 lakh crore market
The escalating US-Iran war and heavy selling in crude prices led Indian markets to tumble, with the Sensex down 1,837 points and the Nifty down 602 points. Brent crude prices rising above $110, rupee at a record low, continued FII outflows and global risk aversion hurt investor sentiment. Read the full story
