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Iran-Israel War Update: ইরানে খামেইনিকে সরিয়ে ক্ষমতা দখলের স্বপ্ন রেজা পাহলভির?

Iran-Israel War Update: ইরানে খামেইনিকে সরিয়ে ক্ষমতা দখলের স্বপ্ন রেজা পাহলভির?

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Iran-Israel War Update: ইরানে খামেইনিকে সরিয়ে ক্ষমতা দখলের স্বপ্ন রেজা পাহলভির? | Zee 24 Ghanta
Iran-Israel War Update: Is Reza Pahlavi Dreaming of Toppling Khamenei to Seize Power in Iran?
Iran-Israel War Update: Is Reza Pahlavi Dreaming of Toppling Khamenei to Seize Power in Iran?
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Jun 23, 2025, 09:40 PM IST
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Iran-Israel War Update: Is Reza Pahlavi Dreaming of Toppling Khamenei to Seize Power in Iran?

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Oil prices likely to stabilize near $65 as Trump announces Iran-Israel ceasefire: SBI Report
Oil prices likely to stabilize near $65 as Trump announces Iran-Israel ceasefire: SBI Report

Time of India

time41 minutes ago

  • Time of India

Oil prices likely to stabilize near $65 as Trump announces Iran-Israel ceasefire: SBI Report

Following President Trump's announcement of a ceasefire between Iran and Israel, crude oil prices are expected to stabilize around USD 65 per barrel, according to an SBI report. This optimistic scenario brings relief to global markets after recent tensions had pushed prices as high as USD 79. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Crude oil prices are now expected to remain around USD 65 per barrel after US President Donald Trump announced a ceasefire between Iran and Israel, bringing relief to global to a recent report by SBI , the price of oil depends heavily on Iran's response to the recent tensions in the Middle East. The report laid out three possible scenarios, each with a different price with the ceasefire announced, the third scenario of 'ceasefire with Israel' has come into effect, and crude oil prices are likely to stabilise around USD report stated, "Different scenarios being built along the Iran-Israel conflict seem a little far-fetched, especially a worst-case scenario, on oil's trajectory, given that any sharp increase in prices may not be a long-term phenomenon."As per the report, if Iran had chosen a path of substantial retaliation against the US and the conflict had widened regionally, oil prices could have jumped sharply, reaching as high as USD 130 to 140 per barrel. This would have created a major shock for oil-importing countries The second scenario considered symbolic retaliation by Iran and continued conflict with Israel, which would have kept crude oil prices steady around USD 80 to 90 per with a ceasefire officially declared by President Trump, the report suggested that the market is likely to follow the third and most optimistic path, with oil prices falling to around USD 65 per barrel in the coming the recent Israel-Iran-US conflict, crude oil prices had surged as high as USD 79 per barrel on Monday, reflecting market fears of further the SBI report also pointed out that some of the extreme projections for oil prices, especially in the worst-case scenario, appear report further stated that the only event that could have led to sustained prices above the crude price of USD 130 would be the use of weapons of mass destruction by either side, a situation so severe that its cost cannot be measured through normal economic States President Donald Trump announced on Monday (local time) what he described as a "complete and total" ceasefire between Israel and Iran, stating that it would take effect in approximately six a post on Truth Social, Trump said the ceasefire has been jointly agreed upon by both nations and would mark a significant de-escalation in hostilities that have gripped the tensions now easing, global oil markets may return to stability, which is a major positive for oil-importing countries like India. Lower oil prices will help reduce the current account deficit and support economic growth.

Oil prices fall to over one-week lows as Trump announces Israel-Iran ceasefire
Oil prices fall to over one-week lows as Trump announces Israel-Iran ceasefire

Time of India

time43 minutes ago

  • Time of India

Oil prices fall to over one-week lows as Trump announces Israel-Iran ceasefire

Oil prices tumbled on Tuesday to their lowest level in more than a week as U.S. President Donald Trump said a ceasefire has been agreed between Iran and Israel, relieving worries of supply disruption in the area. Brent crude futures fell $2.69 or 3.76 per cent to $68.79 a barrel as of 0006 GMT, after falling more than 4 per cent earlier in the session and touching its lowest level since June 11. U.S. West Texas Intermediate crude slumped $2.7, or 3.94 per cent, to $65.46 per barrel, having hit its weakest level since June 9 earlier in the session and falling around 6 per cent. Trump announced on Monday that Israel and Iran have fully agreed to a ceasefire, adding that Iran will begin the ceasefire immediately, followed by Israel after 12 hours. If both sides maintain peace, the war will officially end after 24 hours, concluding a 12-day conflict. He said that a "complete and total" ceasefire will go into force with a view to ending the conflict between the two nations. "With the ceasefire news we are now seeing a continuation of the risk premium built into crude oil price last week all but evaporate," said Tony Sycamore, analyst at IG. Iran is OPEC's third-largest crude producer, and the easing of tensions would allow it to export more oil and prevent supply disruptions, a major factor in oil prices jumping in recent days. Both the oil contracts settled over 7 per cent lower in the previous session after rallying to five-month-highs after the U.S. attacked Iran's nuclear facilities over the weekend, stoking fears of a broadening in the Israel-Iran conflict. "Technically, the overnight sell-off reinforces a layer of resistance between approximately $78.40 (October 2024 and June 2025 highs) and $80.77 (the year-to-date high), and it's clear that it will take something extremely unexpected and detrimental to supply for crude oil to break through this layer of resistance," Sycamore added.

Vineet Kumar back in Mumbai after stuck at Dubai airport amid Middle East tensions
Vineet Kumar back in Mumbai after stuck at Dubai airport amid Middle East tensions

India Today

timean hour ago

  • India Today

Vineet Kumar back in Mumbai after stuck at Dubai airport amid Middle East tensions

Actor Vineet Kumar Singh, known for his roles in 'Mukkabaaz' and 'Chhaava', safely returned to Mumbai early Tuesday after being stranded at Dubai Airport due to an unexpected airspace shutdown over parts of the Middle East. He landed around 3:45 am raised concerns about his flight on Monday night after sharing an update from Dubai Airport, coinciding with reports of airspace closures over the UAE, Bahrain, and Qatar. In his Instagram story, he wrote, 'I am at Dubai Airport. 9:23 pm Dubai Time. Immigration done. Waiting at the gate for my flight. Fingers crossed (sic).' advertisementUpon his return to India, the actor spoke to News18 and said, 'We were clueless around 10:00 pm." The actor's scheduled departure time was 09:40 pm, but escalating tensions amid Israel-Iran war resulting in airspace closure left passengers uncertain about takeoff.'Then we got the news that boarding started. Flight takeoff [was] little late but everything was fine. Emirates Airlines and Dubai airport staff helped everyone," he added. Fortunately, the actor was among those who departed from Dubai safely. Singh is currently back home in Mumbai. The airspace restrictions occurred after Iran launched missiles at US bases in Qatar, including the Al Udeid airbase, according to reports. Explosions were heard in Doha, and Qatar has closed its US has activated air defense systems at the Ain al-Assad airbase in Iraq. This marks a significant escalation in the West Asia conflict, potentially drawing in more countries. The attack comes as US President Donald Trump is set to meet with his national security team to assess the situation.- EndsMust Watch

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