News

Indian stock indexes pared early losses, with the Sensex now down 1.4% and the Nifty 50 down 1%.

Shares of Indian airlines fell sharply, with InterGlobe Aviation falling 7.5% and SpiceJet falling 4.8%.

Indian stocks suffered a broad sell-off, with the Sensex opening down 3.4%.

Reza Pahlavi, son of Iran's ousted Shah, says he wants to lead Iran's transition to democracy. According to prediction platform Kalshi, the probability that the United States will recognize him as Iran's next leader is only 27%.

According to Sky News: The British Ministry of Defense said that a British military base in Cyprus was attacked by a suspected drone.

Air India flights to Europe and North America will be diverted to the new route.

Massive protests were held in Hyderabad, India, condemning the United States and Israel for the killing of Iranian Supreme Leader Ayatollah Ali Khamenei.

According to the English version of Arab Satellite TV, the US military has no plans to reduce its attacks on Iran.

California Democratic Senator Adam Schiff: There is absolutely no reason for the United States to launch this large-scale military operation. Its purpose is to overthrow the regime. And what we're concerned about is that now we're unleashing factors in the region that are beyond our control.

Japanese Chief Cabinet Secretary Minoru Kihara: There is no plan to release oil reserves.

According to CNN: The Pentagon is investigating how an Iranian drone breached the air defenses of a Kuwaiti base, killing three U.S. soldiers.

Australia is considering requiring app stores and search engines to remove AI services that pose security risks.

U.S. Department of Defense: Defense Secretary Hegseth will hold a press conference at 8 a.m. ET.

U.S. Central Command: U.S. forces are taking decisive action to eliminate the imminent threat posed by the Iranian regime. The attacks continue.

According to the Wall Street Journal: Iran is stepping up efforts to restart negotiations with the United States.

US First Lady Melania Trump will chair a United Nations Security Council meeting later today.

According to Nikkei: In response to the conflict between the United States and Iran, Japanese Prime Minister Takaichi Sanae said that he will work hard to calm the situation as soon as possible through diplomatic means.

Monex Group analyst Jesper Koll said higher oil prices could spark new inflation in Japan, complicating Prime Minister Sanae Takaichi's efforts to lower living costs.

Japanese shipping stocks rose, with Kawasaki Kisen up 4.1%, Nippon Yusen up 2.0% and Mitsui O.S.K. up 2.0%.

Bank of Japan Deputy Governor Himimo Ryozo: It is too early to conclude that Japan’s underlying inflation rate has stabilized at 2%.