Strait of Hormuz - Page 15

A customer looks at gold chains at a jewellery store in Mumbai, India. (Photo: PTI)

Gold futures decline to Rs 1.49 lakh/10g as oil surge, US-Iran tensions weigh on sentiment

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New Delhi, Apr 7 (PTI) Gold prices declined by Rs 610 to Rs 1.49 lakh per 10 grams in futures trade on Tuesday as surging crude oil rates and escalating tensions in West Asia dampened the demand for the safe-haven asset and kept investors cautious. On the Multi Commodity Exchange, the yellow metal for June

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  • President Donald Trump speakS with reporters during a news conference in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington. (Photo: AP)
    President Donald Trump speaks with reporters during a news conference in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington. (Photo: AP)
  • President Donald Trump departs after speaking with reporters in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington. (Photo: AP)
  • President Donald Trump speaks to the crowd during the White House Easter Egg Roll on the South Lawn of the White House, Monday, April 6, 2026, in Washington. (Photo: AP)

Trump has repeatedly delayed deadlines for Iran, but suggests Tuesday’s is final

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WASHINGTON, April 7, 2026 (AP) — President Donald Trump has pushed back a deadline for Iran to cut a deal or open the Strait of Hormuz from Monday to Tuesday, the latest of several deadline delays, and threatened that without a deal “Hell will reign down on them.” Trump’s previous deadline was for March 23,

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  • Cars drive near an anti-U.S. bilboard, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, April 5, 2026. (Photo: Reuters)
  • An image released on April 5, 2026, and obtained from social media appears to show wreckage of an American aircraft and a helicopter rotor in Isfahan, Iran, which forensic imagery analyst William Goodhind said is consistent with a U.S. MC‑130J or HC‑130J, amid the U.S.-Israeli conflict with Iran. (Photo: Reuters)
  • A projectile launched from Iran heads towards Israel, amid the U.S.-Israeli conflict with Iran, as seen from Ramallah, in the Israeli-occupied West Bank, April 6, 2026. (Photo: Reuters)
  • Israel Emergency personnel work at the site of a projectile impact, as the U.S.-Israel conflict with Iran continues, in Haifa, Israel, April 6, 2026. (Photo: Reuters)
    Emergency personnel work at the site of a projectile impact, as the U.S.-Israel conflict with Iran continues, in Haifa, Israel, April 6, 2026. (Photo: Reuters)
  • A first responder works at the site of a projectile impact, as the U.S.-Israel conflict with Iran continues, in northern Israel, April 5, 2026. (Photo: Reuters)
  • An Iranian newspaper with a cartoon depicting U.S. President Donald Trump, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, April 5, 2026. (Photo: Reuters)

Trump vows ‘hell’ for Iran if Strait stays shut, says a deal is possible

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WASHINGTON/CAIRO, April 6 (Reuters) – President Donald Trump threatened to rain “hell” on Tehran if it did not make a deal and reopen the Strait of Hormuz by his Tuesday deadline, as he praised U.S. special forces who rescued an airman in a high-risk mission from deep ​inside Iran. The U.S. and Israel have pounded

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  • Currency traders watch monitors at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 6, 2026. (Photo: AP)
  • U.S. President Donald Trump is seen on a screen as traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 6, 2026. (Photo: AP)

Asian shares mostly gain while oil prices keep rising

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TOKYO, April 6, 2026 (AP) — Asian markets that were open for trading mostly rose Monday, as investors continued to closely watch the war in Iran, soaring oil prices and what President Donald Trump might say next. Japan’s benchmark Nikkei 225 rose nearly 1.1% to 53,692.42 in morning trading. South Korea’s Kospi gained 1.5% to

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