Economic think tank Global Trade Research Initiative said that for India, with over USD 100 billion in the Middle East trade and heavy reliance on Gulf energy imports, the de-escalation offers relief ...

"Trade has been an important engine of growth for the last decade or two, but it's clear that certain technologies have a ...

It condemned the attacks. Its leader, Xi Jinping, got on the phone with the Russian leader and urged a ceasefire. Its foreign minister spoke with his counterpart in Iran.

Oil prices fell 6% on Tuesday to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply disruptions in the Middle East.