Latest News

India warns of growth risks from Middle East conflict as energy costs rise

NEW DELHI, March 28 (Reuters) – India faces downside risks to its growth forecast of 7.0% to 7.4% for the next ​fiscal year starting April 1, due to higher ‌energy costs and supply disruptions stemming from the Middle East conflict, according to its monthly economic report released on Saturday. The conflict, ​which began a month ago after the U.S. ​and Israel attacked Iran, has disrupted a key ⁠shipping route through which 20% of the world’s oil ​passes, pushing up energy and freight costs and straining supply ​chains. This is raising concerns over inflation and growth in India, the government review

At CPAC, a generational divide over Republican support for Israel

GRAPEVINE, Texas, March 28 (Reuters) – When former Congressman Matt Gaetz opened his speech by aligning with a Republican faction “loyal to only one nation,” his message to the Conservative Political Action Conference was clear: It was a ​veiled swipe at perceived Israeli influence over U.S. politicians, even without naming Israel outright. A month into the U.S.-Israeli war with Iran, Gaetz’s comments struck a discordant note at the annual CPAC ‌event. They cut against calls for unity and exposed a growing Republican rift largely along generational lines, as younger conservatives increasingly question support for Israel. That skepticism reflects a broader

Iran-backed Houthis claim first missile launch on Israel as war in the Mideast intensifies

DUBAI, United Arab Emirates, March 28, 2026 (AP) — Iranian-backed Houthi rebels claimed a missile launch toward Israel early Saturday, their first since the war in the Middle East started. The Israeli military said it intercepted the projectile. The now monthlong war erupted after the United States and Israel attacked Iran, which retaliated with strikes against Israel and neighboring Gulf Arab states. The conflict has upended global air travel, disrupted oil exports and caused fuel prices to soar. Iran’s stranglehold on the Strait of Hormuz, a strategic waterway, has exacerbated the economic fallout. Israel struck Iran’s nuclear facilities hours after

Trump’s conflicting messages sow confusion over Iran war

WASHINGTON, March 28, 2026 (AP) — President Donald Trump says the United States is winning the war with Iran even as thousands of additional American troops deploy to the Middle East. He has pilloried other countries for not helping the U.S., only to say later he does not need their assistance. He has twice delayed deadlines for Iran to reopen the Strait of Hormuz. He has both threatened to “obliterate” Iran’s energy plants if the vital waterway remains largely shuttered and said the U.S. was “not affected” by the closure. At one point this month, Trump said one of his

1 … 158 159 160 161 162 … 1,409