The Iranian-Israeli conflict's unfolding developments have significant implications for India's trade routes, oil imports, and overall export economy. A government meeting with shipping stakeholders is scheduled to assess the impact,

Relative calm returned to global markets, with stocks climbing and oil sinking alongside gold as fears subsided that Israel’s war against Iran would escalate into a wider conflict. Equities extended gains on news reports Iran is signaling it wants to restart talks over nuclear programs.

The benchmark indices rallied on Monday despite the ongoing war between Iran and Israel. Sensex jumped 677 points to 81,796, while the broader Nifty closed 228 points higher at 24,946. Investor wealth rose by Rs 3 lakh crore to Rs 450.18 lakh crore on BSE today against Rs 447.21 lakh crore on Friday.

Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of the Israel–Iranian war.

Crude oil prices spiked over 10 percent on June 13, marking their steepest weekly rise since 2022 as Israel conducted strikes on key Iranian installations.

Reliance on overseas oil is very much less a factor today than 10 or 15 years ago, says Nomura economist The airstrikes launched by Israel ... the Israel-Iran clash. Looking at the geopolitical ...