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Economy

The “winding down” of the Iran war has been replaced by an explicit 48-hour ultimatum. President Donald Trump has warned that the U.S. will destroy Iran’s power plants if the Strait of Hormuz remains blocked, an escalation that comes as Iran expands the battlefield by launching long-range missiles toward the Indian Ocean and threatening U.S. bases across the Gulf.

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From April 1, your trips to the ATM could become more restricted and expensive. With new rules counting UPI withdrawals as regular transactions and fees rising to ₹23 per swipe, bank customers are being nudged further toward a digital-first economy as traditional cash access faces new hurdles and higher costs.

With global oil supplies under threat and the Strait of Hormuz effectively a battleground, the Indian Navy has deployed over six warships to escort its fuel tankers to safety. Following direct talks between PM Modi and the Iranian leadership, Indian ships are among the few granted passage, providing a vital boost to India’s domestic energy security as fuel prices surge worldwide.

As military tensions escalate in the Middle East, the world’s most critical maritime artery—the Strait of Hormuz—has become a flashpoint for global economic anxiety. Responsible for the passage of nearly 20% of the world’s daily oil supply, this narrow waterway serves as an irreplaceable gateway for energy exports from the Persian Gulf. The article explores how even a partial disruption to this route could bypass traditional market logic, sending crude oil prices soaring due to skyrocketing insurance premiums, shipping risks, and the lack of viable pipeline alternatives. For oil-dependent nations like India, the stakes are particularly high, as a blockade would not only threaten energy security but also trigger a wave of domestic inflation and fiscal instability.

U.S. President Donald Trump has warned global trading partners of “much higher” tariffs if they attempt to exploit a recent Supreme Court ruling that struck down his emergency trade measures. Despite the judicial defeat, the administration is leveraging the Trade Act of 1974 to maintain a 15% global duty, signaling a defiant continuation of the “America First” economic strategy.

India launched Prahaar, its groundbreaking national counter-terrorism strategy, to deliver a knockout punch to threats like cross-border attacks, drones, and cyber radicalization. Built on seven pillars—from intel sharing and swift responses to global partnerships—it empowers cops, NSG commandos, and NIA investigators to prevent, disrupt, and prosecute terror before it strikes critical sites or fuels online hate.Zero tolerance meets modern tech savvy, targeting crypto funding and chemical risks. A unified shield for a safer tomorrow