Oil markets are reeling after a dramatic surge in crude prices following rising geopolitical tensions in West Asia. US President Donald Trump has defended the spike in global energy costs, calling it a temporary sacrifice in the broader push to dismantle Iran’s nuclear capability and safeguard long-term global security. As crude prices surge to levels not seen since 2022, global markets are feeling the pressure. U.S. oil futures have crossed the $108 per barrel mark while Brent Crude Oil has jumped sharply, reflecting investor fears of deeper supply disruptions across the Gulf region. Despite the economic turbulence, Trump insists the short-term pain is necessary if it leads to a nuclear-free Iran and long-term stability in the region. Critics, however, warn that sustained energy price spikes could weigh heavily on global growth, consumer spending and already fragile supply chains. WATCH
09 March,2026 04:27 PM IST
President Donald Trump has raised temporary tariffs from 10% to 15% on U.S. imports after the Supreme Court struck down his earlier trade program. The new move relies on Section 122, a rarely used statute that allows tariffs up to 15% for 150 days without prior congressional approval.
22 February,2026 02:19 PM IST
The United States is stepping up its strategic surveillance over the Persian Gulf, with advanced Triton spy drones now actively monitoring key zones surrounding Iran. These high-altitude, long-endurance aircraft, developed by Northrop Grumman, are capable of tracking naval movements, identifying targets and delivering real-time battlefield intelligence across vast distances. One such Triton drone recently lifted off from Al Dhafra Air Base in the United Arab Emirates, operating under a discreet flight identity before sweeping across critical Gulf airspace. The drone’s path later extended toward Saudi Arabia and Iraq, reinforcing signs of coordinated regional monitoring.
21 February,2026 06:31 PM IST
U.S. President Donald Trump is escalating pressure on Iran as nationwide protests continue amid a deadly security crackdown. In a series of statements, Trump tells Iranian protesters that “help is on the way,” cancels meetings with Iranian officials, and warns of consequences if demonstrators are killed.
14 January,2026 01:30 AM ISTADVERTISEMENT
