Tensions in the Middle East have led to significant discounts on gold in Dubai. Flight disruptions and high shipping costs are causing buyers to hesitate, impacting supply chains. India, a major gold consumer, faces potential shortages if the conflict continues.
Qatar’s air defense successfully intercepted nine out of ten Iranian drones. Meanwhile, Iranian President Masoud Pezeshkian held a phone conversation with Russian President Vladimir Putin amid escalating regional tensions.
The US has granted Indian refineries a 30-day extension to purchase Russian oil, easing concerns over potential fuel shortages. This decision comes amid rising global oil prices due to the West Asia crisis. India, a major oil importer, will benefit from this temporary relief.
The West Asia crisis is intensifying with ongoing attacks between Israel and Iran. Mojtaba Khamenei, son of Iran’s Supreme Leader, has been elected amidst the escalating tensions. Tragically, three paramedics were killed in Lebanon, highlighting the human cost of the conflict.
Nepal’s Parsa district is preparing for the March 5 House of Representatives elections. A total of 1,090 temporary voters have been registered. Special voting centers have been set up, including one at Birgunj Jail, to accommodate government employees, prisoners, and security personnel.
Badminton star PV Sindhu returned to Bengaluru after being stranded in Dubai due to international tensions. Upon arrival, she playfully joked with her husband about broken walls in her under-construction home, linking it to her missed smashes at the All England Championship.
The United States has launched Operation Epic Fury, striking over 1000 Iranian targets in its first 24 hours. The massive operation combined air, naval, cyber, and space forces. It aimed to cripple Iran’s military capabilities.
President Trump warned of larger attacks on Iran and stated the U.S. is ready to deploy troops. The conflict has escalated with missile and drone strikes across the Middle East, impacting civilian areas and military targets.
A drone attack by Iran has forced the temporary closure of Saudi Arabia’s Ras Tanura oil refinery. Meanwhile, smoke was seen inside the U.S. Embassy compound in Kuwait, and Kuwait reported several U.S. aircraft crashes.
Prime Minister Narendra Modi will meet with Canadian Prime Minister Mark Carney today to discuss a comprehensive economic partnership. Meanwhile, Britain, France, and Germany have united to condemn Iran’s recent attacks and pledged cooperation with the US. President Trump also made a significant statement on the US army’s strength.
