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Why hasn’t the US military used force to secure the Strait of Hormuz?

March 27, 2026
General
Why hasn’t the US military used force to secure the Strait of Hormuz?

Since the United States and Israel launched their war against Iran in late February, Iran has retaliated by targeting commercial ships in the Strait of Hormuz, effectively shutting down the narrow channel of water. It’s caused a global fuel crisis, even though some ships are managing to get through the strait. US President Donald Trump has given Iran an ultimatum to fully reopen the waterway to oil and gas shipments and called on NATO allies to help in the effort. We asked naval expert Jennifer Parker, who served for 20 years with the Royal Australian Navy, to explain what kind of military force would be required

Stock markets slump in early trade after two-day rally

March 27, 2026
General
Stock markets slump in early trade after two-day rally

Mumbai, Mar 27 (PTI) Benchmark indices Sensex and Nifty tumbled in early trade on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Crude oil prices staying above the USD 100 per barrel mark and unabated foreign fund outflows have also made investors risk-averse. The 30-share BSE Sensex tanked 926.92 points to 74,346.53 in early trade. The 50-share NSE Nifty dropped 280.95 points to 23,025.50. From the 30-Sensex firms, Bajaj Finance, Larsen & Toubro, Reliance Industries, Eternal, InterGlobe Aviation, and Bajaj Finserv were among

Rupee crashes 33 paise to fresh record low of 94.29 against US dollar in early trade

March 27, 2026
Finance
Rupee crashes 33 paise to fresh record low of 94.29 against US dollar in early trade

Mumbai, Mar 27 (PTI) The rupee crashed 33 paise to a fresh all-time low of 94.24 against the US dollar in early trade on Friday, weighed down by elevated oil prices and a stronger greenback amid no breakthrough in the West Asia conflict. Heavy sell-off in domestic equity markets and sustained FII outflows put further pressure on the local unit, according to forex traders. At the interbank foreign exchange, the local unit opened at 94.18 and slipped further to 94.29 against the greenback, down 33 paise from its previous close. The rupee slumped 20 paise to close at a record

Rubio will try to sell Iran war to skeptical G7 diplomats after Trump insults allies

March 27, 2026
Politics

WASHINGTON, March 27, 2026 (AP) — Secretary of State Marco Rubio is in France to meet his Group of Seven counterparts Friday after President Donald Trump attacked NATO countries over a reluctance or refusal to take part in the Iran war, a conflict that some of America’s closest allies have met with deep skepticism. Rubio will have a hard time trying to sell the other top diplomats from G7 countries on the U.S. strategy for the Iran conflict, to which almost all nations have raised objections. Trump’s vitriolic comments about NATO during a Cabinet meeting Thursday will make it an

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