Tag: Iran war impact

The Bombay Stock Exchange in Mumbai. (Reuters)
Posted in Business

Iran war wipes out ₹25 lakh crore in investor wealth in just five sessions| Business News

India’s stock market extended their steepest slide in six years due to an escalating Iran war. That’s wiped out more than ₹25 lakh crore in…

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MF Managing Director Kristalina Georgieva. (Reuters)
Posted in Business

‘Think of the unthinkable and prepare for it’, IMF warns on Iran war impact on global economy| Business News

The International Monetary Fund has warned of inflation risks from an escalating Iran war, as a direct fallout is the surge in crude oil prices….

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Smoke rises following a strike on the Bapco Oil Refinery, amid the U.S.-Israeli conflict with Iran, on Sitra Island Bahrain, March 9, 2026. REUTERS/Stringer (REUTERS)
Posted in Business

Bahrain’s Bapco Energies declares ‘force majeure’ after Iran attack| Business News

Bahrain’s state oil company, now under Bapco Energies, has declared force majeure for its shipments after an Iranian attack set its refinery ablaze. Smoke rises…

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A black plume of smoke rises from a warehouse in the industrial area of Sharjah City following reports of Iranian strikes in Dubai on 1 March 2026. (AP)
Posted in Business

Asia’s ultra-rich is having second thoughts on Dubai as Iran war rages| Business News

Many of Asia’s richest families are reconsidering their exposure to Dubai as the Iran war rattles a city that has attracted billions from across the…

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