Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. India’s growing energy requirements are becoming fertile grounds for a contest between the U.S. and Russia, as the two geopolitical rivals seek a bigger…
Iranian Foreign Minister Abbas Araghchi (2nd L), Iranian parliament speaker Mohammad Bagher Ghalibaf (2nd R), and Omani Foreign Minister Badr bin Hamad Al Busaidi (R) walk inside a building in Muscat, Oman, on June 22, 2026. Hamed Malekpour | AFP | Getty Images Iran and Oman are approaching a deal to secure safe transit through…
FILE PHOTO: Oil tankers pass through the Strait of Hormuz, December 21, 2018. Hamad I Mohammed | Reuters Oil fell Wednesday, amid easing concerns about military conflict as the U.S. leans towards economic sanctions to pressure Iran. International benchmark Brent crude futures for October delivery declined 2.52% to $86.35 a barrel. U.S. West Texas Intermediate futures for October…
US President Donald Trump during an event in the Rose Garden of the White House in Washington, DC, US, on Monday, Aug. 24, 2026. Will Oliver | Bloomberg | Getty Images President Donald Trump submitted a proposed agreement with Saudi Arabia on civil nuclear energy to Congress on Monday, starting a mandatory review period for…
U.S. President Donald Trump speaks to journalists aboard Air Force One en route to South Korea on October 29, 2025 in Japan. Andrew Harnik | Getty Images News | Getty Images President Donald Trump‘s move last week to scale back annual military drills with South Korea came as Seoul finalizes hundreds of billions of dollars…
Vessels near the Strait of Hormuz, as seen from Musandam, Oman, Aug. 24, 2026. Stringer | Reuters Iran and Oman on Tuesday discussed a proposal to establish a temporary joint shipping route through the Strait of Hormuz as well as a mission to clear mines from the key oil export corridor. Oman’s Foreign Minister Sayyid…
Canada on Tuesday announced retaliatory tariffs against the United States, matching “dollar for dollar” the 50% duties that President Donald Trump imposed over the weekend after a breakdown in trade talks. Ottawa’s new tariffs encompass more than 700 U.S. goods and are worth about $20 billion, mirroring the size of Trump’s latest import taxes on…
Oil prices fell more than 3% on Tuesday, after the New York Times reported the State Department plans to return evacuated diplomats to the Middle East, in a sign the U.S. does not expect a return to full-scale war. Brent crude oil futures were last seen trading 3.4% lower at $89.05 per barrel, its lowest…
The U.S. dollar was on the defensive early on Wednesday after comments from Federal Reserve Chair Jerome Powell bolstered wagers on an interest rate cut this month. Bloomberg | Bloomberg | Getty Images New Delhi’s bid to attract foreign funds through a special scheme has helped power $73 billion in inflows in the last 11 weeks, driven…
A man holds the Iranian toman equivalent of 1 USD as US dollars selling rate on the free market reaches an all-time high, hitting the 200,000 toman mark in Tehran, Iran on Aug. 24, 2026. Fatemeh Bahrami | Anadolu | Getty Images The U.S. announced an “economic D-Day” campaign Monday to isolate Iran from the…
