Amid Israel-Iran war, will inflation in India rise if Tehran closes Strait of Hormuz? Report claims...
Monday, 23 June 2025 () If global oil prices continue to rise, petrol, diesel, and LPG prices in India may also increase. This could lead to a fresh surge in inflation.
India has voiced deep concern over the escalating Iran-Israel war following U.S. airstrikes on Iran’s nuclear sites. PM Narendra Modi spoke with Iranian President Pezeshkian, urging de-escalation and a return to diplomacy. With strategic interests in Chabahar and heavy dependence on Gulf oil, India...
Iranian air defense has shot down another Israeli Hermes 900 drone—worth $10 million—over Khorramabad, marking the third such loss in just five days. Dramatic footage released by Iranian media shows the drone’s wreckage and confirms the hit was from a surface-to-air missile. Israel’s military has acknowledged the loss. The downing comes amid escalating strikes between Israel and Iran, with both nations inching closer to all-out war. The Hermes 900 was reportedly part of a strike mission over Kermanshah.
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Iran targets Tel Aviv with missile strikes, causing damage
An Israeli rescue service said Iranian missiles struck areas in northern and central Israel after the U.S. carried out strikes on Iran.
READ MORE : http://www.euronews.com/2025/06/23/iran-missile-strikes-cause-destruction-in-tel-aviv
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In a powerful retaliation, Israel has launched a wave of missile strikes on Iran, targeting multiple high-profile sites across Tehran and Karaj. Among the most shocking hits: the Red Crescent building, state broadcaster IRIB headquarters, and the notorious Evin Prison. Massive explosions rocked the capital, with colossal plumes of smoke rising above Tehran’s skyline. Casualties are feared as Israel escalates its response to Iran’s earlier barrage, pushing the two nations closer to full-blown war.
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In a dramatic escalation, Israel has launched a wave of devastating airstrikes on six Iranian airfields across western, central, and eastern Iran. The targeted strikes obliterated runways, underground hangars, refueling aircraft, and destroyed multiple Iranian warplanes — including F-14s, F-5s, and AH-1 attack helicopters. These aircraft were meant to intercept Israeli jets — but never left the ground.
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On June 21, the U.S. attacked Iran’s key nuclear facilities at Fordow, Natanz, and Isfahan. Iran confirmed damage but said nuclear materials were moved beforehand with no leaks detected.
The UN called this a “dangerous escalation”, urging all sides to de-escalate and seek diplomacy.
In retaliation, Iran’s IRGC fired over 40 missiles at Israel, injuring many. Israel struck back with air raids across Iran, including Tehran and Isfahan. Over 400 Iranians and 25 Israelis have died so far.
Iran’s parliament supports closing the Strait of Hormuz, a crucial oil route, risking global energy disruption.
Militias allied with Iran have threatened attacks if the U.S. intervenes further, raising fears of wider regional conflict.
Will diplomacy prevail or spiral into full-scale war?
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Trump hints at regime change in Iran after surprise attack on nuclear sites
In a social media post on Sunday, which questioned the future of Iran's ruling government in Tehran, US President Donald Trump wrote, "Why wouldn't there be a regime change?"
READ MORE : http://www.euronews.com/2025/06/23/trump-says-he-is-open-to-regime-change-in-iran-after-strikes-on-tehrans-nuclear-facilities
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Iran’s parliament has voted to close the Strait of Hormuz, a vital oil route carrying 20% of global crude. Though the final decision awaits the Supreme National Security Council, the move is seen as retaliation to U.S.-Israel attacks on Iranian nuclear sites. A closure would rattle global oil markets, spike prices, and disrupt trade—particularly hitting import-dependent countries like India. Iran seeks leverage over the West and a show of regional strength, but risks military backlash and damage to its own economy.
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