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To understand what’s at stake in the Iran conflict, we have to look beyond oil, and into the currency that powers global trade. For decades, the US Dollar has dominated energy markets. But now, with Yuan payments emerging in key routes like the Strait of Hormuz, a gradual shift toward a more multipolar financial world may be underway… Around 80 percent of global oil trade is still settled in dollars, reinforcing its dominance over international commerce.

Asha Bhosle, one of India’s most iconic singers, has sparked concern among fans after being hospitalised at Breach Candy Hospital due to severe exhaustion and a chest infection. While everyone awaits further updates on her health, here’s a look at her net worth.

The Iran fallout is now being felt across Europe, with energy markets reacting sharply to supply risks in the Gulf. Europe relies on the region for a significant share of its energy needs, including nearly half of its jet fuel. That exposure is now pushing costs sharply higher. Jet fuel prices have more than doubled to record levels, forcing airlines to cut flights and raise fares, especially on long-haul routes.

The US economy is facing a fresh energy shock at a critical moment. Fuel prices are surging at their fastest pace in decades, pushing inflation higher and threatening to derail growth just months before the midterm elections. This raises a key question… Can the Trump administration contain the fallout before November?

The global oil market is facing a severe supply crunch. In the physical crude market, the stress is already visible. In the North Sea, a key global benchmark, traders placed 40 bids for cargoes this week, but only four found sellers, highlighting the shortage of available supply.

China is navigating a delicate balancing act as tensions around Iran continue to reshape global energy flows. On one hand, Beijing has managed to secure relatively stable oil imports from Iran, often facilitated through yuan-linked payment mechanisms that bypass traditional financial channels.

India has sharply increased windfall taxes on fuel exports as global energy markets remain under stress. The government has raised the export duty on diesel to 55.5 Rupees per litre from 21.5 Rupees, and on aviation turbine fuel to 42 rupees per litre from 29.5 Rupees. The objective is to discourage exports and ensure adequate fuel availability in the domestic market.

The fragile Easter truce between Ukraine and Russia has quickly unraveled, with Kyiv accusing Moscow of over 470 ceasefire violations. Ukrainian officials say Russia launched dozens of airstrikes and dropped hundreds of aerial bombs, while Moscow claims Ukrainian drone attacks injured civilians in the Kursk region. The breakdown highlights the deep mistrust between both sides, raising concerns over further escalation in the ongoing conflict.

After Asha Bhosle was admitted to the hospital and underwent treatment, PM Narendra Modi expressed concern for the veteran singer and prayed for her speedy recovery.

Ishaq Dar urges United States and Iran to uphold ceasefire after Islamabad talks end without deal. Disputes over nuclear program and Strait of Hormuz stall progress.

Panic gripped commuters at Grand Central Terminal after a man armed with a machete attacked people inside the subway. Police say the suspect was behaving erratically and was later shot dead after injuring several commuters. Authorities confirmed that the injured victims are currently stable. The shocking incident disrupted travel and raised fresh concerns over safety in one of New York City’s busiest transit hubs.

IPL 2026: CSK registered their first win of the season, beating Delhi Capitals by 23 runs at the MA Chidambaram Stadium. Samson led the charge with an unbeaten 115, lifting the team after three consecutive defeats.

Seychelles’ Foreign Minister Barry Faure has praised India’s growing support, highlighting a special economic package extended by New Delhi. Speaking at the Indian Ocean Conference in Mauritius, Faure described India as a key partner in Seychelles’ development. The remarks come as Prime Minister Narendra Modi is expected to visit Seychelles in June, signalling deeper strategic and economic ties.

US Vice President JD Vance said talks with Iran remain deadlocked, with disputes over nuclear issues and the Strait of Hormuz, as mediation efforts continue.

Seychelles’ Foreign Minister Barry Faure has praised India’s growing support, highlighting a special economic package extended by New Delhi. Speaking at the Indian Ocean Conference in Mauritius, Faure described India as a key partner in Seychelles’ development. The remarks come as Prime Minister Narendra Modi is expected to visit Seychelles in June, signalling deeper strategic and economic ties.

U.S. Vice President JD Vance has said that talks with Iran ended without an agreement, with Tehran choosing not to accept key U.S. terms. Iran’s Foreign Ministry has said that recent talks with the United States were conducted in an “atmosphere of mistrust,” highlighting deep-rooted tensions between the two sides. Officials pointed to disagreements over key issues—particularly the nuclear program and the Strait of Hormuz—as major obstacles.

JD Vance confirms no deal as United States–Iran talks in Islamabad end without breakthrough. Donald Trump remains in touch but attends event in Florida, as nuclear dispute stalls negotiations.

India-flagged LPG tanker Jag Vikram safely crossed the Strait of Hormuz after US-Iran ceasefire, signalling partial maritime recovery amid stranded vessels and critical energy supply concerns.

Chennai Super Kings finally registered their maiden IPL 2026 win with a 23-run victory over Delhi Capitals on Saturday (Apr 11) at the MA Chidambaram Stadium.