New Delhi, March 1 (IANS) Brent crude could climb above $90 per barrel with Strait of Hormuz disruption or exceed $100 per barrel in a broader regional conflict, a report said on Sunday.The report from JM Financial Institutional Securities said the crude has already climbed to about $72.8 per barrel and limited retaliation could add $5–10 per barrel, while direct damage to Iranian oil infrastructure could add $10–12 per barrel.Every $1 rise in crude increases India’s annual import bill by …
Latest IRGC News & Updates
Tehran, March 1 (IANS) Chief of Staff of the Iranian Armed Forces Abdolrahim Mousavi was killed in the US-Israeli strikes on Iran, the country’s state-run IRIB TV reported on Sunday.The strikes on Tehran also killed Chief Commander of the Islamic Revolutionary Guard Corps Mohammad Pakpour, Secretary of the country’s Defence Council Ali Shamkhani, and Defence Minister Aziz Nasirzadeh, Xinhua news agency reported.Additional names of victims will be released subsequently, according to local media r…
New York, March 1 (IANS) Iran’s Supreme Leader Ayatollah Ali Khamenei has been killed in an epochal attack by the US and Israel, marking an inflection point in the 46-year Shia-theocratic rule, as Tehran’s retaliation set off conflagrations in a swath of the Middle East.US President Donald Trump announced on Saturday the killing of the 86-year-old cleric, ending his iron-fisted rule over Iran for 36 years.Trump said on Truth Social, “He was unable to avoid our Intelligence and Highly Sophi…