Brics push for Gulf peace as war worries mountFinancial Times Iran and UAE back joint BRICS statement urging restraint in warReuters Trump’s Foes Find Common Ground at Modi’s New Delhi SummitBloomberg.com BRICS leaders voice concern over Middle East, condemn …

Chinese President Xi Jinping arrived in New Delhi on Saturday for a BRICS summit alongside leaders from India, Russia and Iran as wars, trade and energy test the divided grouping. The conflicts in the Middle East and Ukraine, along with global trade turbulenc…

The cost of moving oil around the world is exploding as the Iran war forces tankers onto longer routes.
Kent RO Systems has postponed its stock market debut. The Indian water purifier maker cites global market volatility, worsened by the Iran conflict, as the reason. Rising costs for raw materials also impact operations. The company will reassess its IPO plans …
CHENNAI, May 26 : Kent RO Systems has shelved plans to go public, its chairman told Reuters, as the Indian water-purifier maker becomes the latest company to delay its stock market debut with the Middle East conflict unsettling global markets and weakening se…

The U.K. government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third countries on Wednesday, amid spiralling fuel prices caused by the Middle East war.
Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges like energy and food supply disruptions. Discussions also covered tariffs and Russia. The G7 aims for coordinated responses…

India’s state fuel traders raised retail prices for the second time in less than a week, as they seek to cushion the blow to margins from soaring crude prices while the war in the Middle East drags on with no resolution in sight. Retail fuel prices in the cou…

Finance chiefs from the G7 industrialised nations gather in Paris today for two days of talks aimed at forging a united front as the Middle East war roils economic prospects worldwide.

India has raised import tariffs on gold and silver in an attempt to defend its currency, as the country races to shore up foreign-exchange reserves and limit the damage from the war in the Middle East.

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