Israel-Iran tensions impact: Crude oil climbs over $1 amid geopoliitcal concerns, evacuation fears hit global markets
Tuesday, 17 June 2025 () Global stock markets experienced a downturn, and oil prices surged due to Israel's evacuation warning in Tehran, heightening fears of a broader regional conflict. European and Asian equities declined, while US futures pointed lower amidst investor anxiety. The Bank of Japan acknowledged economic uncertainties, and investors remained watchful of trade tensions and the upcoming US Federal Reserve meeting.
India has refused to endorse the SCO's strong condemnation of Israel’s military strikes on Iran, signalling a diplomatic divergence within the Eurasian bloc. While China, Russia, and others denounced Israel’s actions, New Delhi maintained a neutral stance—underscoring its strategic balancing...
Iran's Supreme Leader Ayatollah Ali Khamenei escalates the Middle East crisis, declaring total war on Israel. In a fiery televised address, Khamenei vowed Iran's armed forces would retaliate with full..
Overnight, the Iran-Israel conflict exploded into one of its deadliest phases yet. Waves of missiles lit up the skies over Tel Aviv, Jerusalem, and Tehran, leaving behind devastation, death, and fear...
Tensions erupted in the South China Sea as the Philippines accused China of dangerously sideswiping and water-cannoning its coast guard vessel near Sandy Cay. Footage confirms a Chinese ship's..