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Pakistan denial crumbles as reports point to covert US support in Iran war

Pakistan denial crumbles as reports point to covert US support in Iran war

An opinion piece argues Pakistan’s claimed neutrality in the 2026 Iran war is increasingly hard to believe. It alleges Islamabad is covertly enabling US operations through airspace access, F-16 support, and data sharing, despite public peace efforts. The article warns this could invite Iranian retaliation, disrupt regional stability, and push oil prices higher while civilians face the fallout.

Summarised by Beize from a story on Republic on 24 Apr 2026
Dow crashes 150 points as Nasdaq rockets on Intel’s AI earnings surge

Dow crashes 150 points as Nasdaq rockets on Intel’s AI earnings surge

US markets moved sharply in opposite directions: the Dow slid over 150 points while the Nasdaq rose nearly 0.9% and the S&P 500 held steady gains. The shock came from Intel’s more-than-25% surge after strong earnings, fueled by AI data-center demand and a near-10% weekly run in semiconductors. Rising oil above $100 from Iran tensions weighed on industrials, while consumer sentiment stayed near record lows.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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US consumer confidence sinks near four year low as prices and Iran tensions bite

US consumer confidence sinks near four year low as prices and Iran tensions bite

US consumer confidence fell to a near four-year low in April, driven by fears that prices will keep climbing. The Iran conflict is adding pressure through higher oil and commodity costs, even as gas prices dipped slightly after a ceasefire. Americans now expect inflation to stay elevated for both the next year and five years, keeping sentiment muted.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India bonds plunge as failed US Iran talks spark oil shock and risk off mood

India bonds plunge as failed US Iran talks spark oil shock and risk off mood

Indian government bonds fell sharply Monday after failed US-Iran peace talks pushed oil prices higher, triggering a global risk-off mood. The move weighed on the rupee and equities like the Nifty 50, with traders flagging renewed inflation and growth concerns. Market sentiment reversed after Friday’s bond purchases that assumed a breakthrough, and investors are now watching March inflation data.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Iran seizes cargo vessel in Strait of Hormuz after US talks collapse and Trump warns action

Iran seizes cargo vessel in Strait of Hormuz after US talks collapse and Trump warns action

Iran has seized a cargo vessel in the Strait of Hormuz, releasing video footage of commandos boarding the ship. The move comes after peace talks with the United States reportedly collapsed. President Trump played down the incident but warned of possible military action if a deal is not reached, underscoring how fast rising tensions can rattle global energy markets.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Indian bonds flat as oil climbs again and traders brace for US Iran risks

Indian bonds flat as oil climbs again and traders brace for US Iran risks

Indian government bonds were largely unchanged on Friday, yet still logged their first weekly decline since April 3. The slide comes as oil prices resume their upward trajectory, and traders see no near-term resolution to the US-Iran conflict. With energy costs and geopolitical risk back in focus, bond markets remain cautious heading into next week.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Iran Foreign Minister to Pakistan for ceasefire talks as US oil waiver reshapes prices

Iran Foreign Minister to Pakistan for ceasefire talks as US oil waiver reshapes prices

Iran’s Foreign Minister Abbas Araghchi is set to travel to Pakistan for talks focused on regional developments and a possible ceasefire. Pakistan is acting as mediator between Iran and the United States ahead of renewed negotiations, as the conflict disrupts energy shipments via the Strait of Hormuz. The US has extended an oil transport waiver, influencing global prices.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Oil edges lower as US Iran talks stall and Hormuz disruption persists

Oil edges lower as US Iran talks stall and Hormuz disruption persists

Oil prices dipped slightly after earlier sharp gains as US-Iran peace talks stalled and restrictions continued around the Strait of Hormuz. Despite the disruption to key shipping routes, U.S. oil exports reportedly climbed to a record high, supported by rising global demand linked to supply shocks tied to the Iran conflict.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Oil Prices Surge After Gunfire Reports Hit Ships in Hormuz Strait

Oil Prices Surge After Gunfire Reports Hit Ships in Hormuz Strait

Oil prices climbed sharply on Wednesday as reports of gunfire attacks hit at least three container ships in the Strait of Hormuz. Brent crude futures pushed above $100 a barrel, reversing earlier losses, with gains driven by heightened shipping and regional risk. Investors are now watching further developments for impact on global supply routes.

Summarised by Beize from a story on Republic on 24 Apr 2026
Oil prices slip as Trump announces indefinite Iran ceasefire extension, but Hormuz still tight

Oil prices slip as Trump announces indefinite Iran ceasefire extension, but Hormuz still tight

Oil prices eased Wednesday after President Donald Trump announced an indefinite extension of the U.S.-Iran ceasefire, reducing fears of an immediate Middle East supply shock. Brent fell to $97.42 and WTI to $88.53. However, the Strait of Hormuz remains largely constrained, with reports noting only three ships passed in the past 24 hours.

Summarised by Beize from a story on Republic on 24 Apr 2026

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Sensex Slides 0.32 and Nifty Drops 0.43 as Middle East Tensions Spook Markets

Sensex Slides 0.32 and Nifty Drops 0.43 as Middle East Tensions Spook Markets

Indian markets opened lower on Wednesday, April 22, as global uncertainty tied to a US-Iran ceasefire and continued blockade risks for the Strait of Hormuz pressured investor sentiment. The Sensex fell 0.32% to 79,019.34, while the Nifty 50 dropped 0.43% to 24,470.85, reflecting a cautious start to trade.

Summarised by Beize from a story on Republic on 24 Apr 2026
Dollar Holds Near Two Week High as Oil Surges Past 100 on Hormuz Tensions

Dollar Holds Near Two Week High as Oil Surges Past 100 on Hormuz Tensions

The US dollar hovered near a 1.5-week high as Middle East peace talks stalled and Iran US tensions deepened, pushing crude back above $100 a barrel. Investors stayed cautious as the conflict around the Strait of Hormuz escalated, including Iran seizing ships, while expectations for a Fed rate cut faded in response to the shock.

Summarised by Beize from a story on Republic on 24 Apr 2026
Asian shares fall from record highs as oil jumps on Hormuz shipping worries

Asian shares fall from record highs as oil jumps on Hormuz shipping worries

Asian markets pulled back from record highs as oil prices climbed again amid renewed shipping troubles in the Gulf near the Strait of Hormuz. The move follows a strong Wall Street session but signals fragile risk appetite in Asia-Pacific, with MSCI’s broad index slipping 0.5%. Futures also point to a weaker European start.

Summarised by Beize from a story on Republic on 24 Apr 2026
IEA Warns War in Iran Triggering History’s Worst Energy Crisis for Oil and LNG Markets

IEA Warns War in Iran Triggering History’s Worst Energy Crisis for Oil and LNG Markets

The International Energy Agency says the Iran US Israel conflict could trigger the worst energy crisis in history. It warns the disruption in maritime traffic through the Strait of Hormuz is already constraining global oil and LNG flows, compounding a tense oil and gas situation tied to Russia. The knock-on effect could quickly ripple into prices and supply.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Trump considers taxpayer funded takeover of Spirit Airlines then resale for profit

Trump considers taxpayer funded takeover of Spirit Airlines then resale for profit

President Donald Trump is reportedly exploring a taxpayer funded takeover of struggling Spirit Airlines, with talks underway over a financing deal involving creditors. The strategy: use government money to buy the airline, then resell it at a profit after oil prices drop. Backers say it could preserve jobs and keep the carrier operating.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Japan bond yield curve steepens as investors eye 30 year debt auction

Japan bond yield curve steepens as investors eye 30 year debt auction

Japan’s government bond yield curve steepened as investors turned cautious ahead of a 30-year debt auction. Higher oil prices and a weaker yen intensified inflation concerns, lifting long-term yields. Traders are also factoring in global jitters, including geopolitical tensions tied to Iran and strong U.S. payroll data.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Fuel excise duty cut sparks sharp 10 year bond yield jump and rattles Bond Street investors

Fuel excise duty cut sparks sharp 10 year bond yield jump and rattles Bond Street investors

India’s 10-year government bond yield jumped sharply on Friday, with the biggest weekly rise since May 2022. The move followed a cut in fuel excise duty that worsened the fiscal outlook, alongside heavy state bond sales and higher oil prices. Investors now face renewed uncertainty over borrowing costs and policy direction.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Iran truce lifts Indian bonds to best week in six and half years

Iran truce lifts Indian bonds to best week in six and half years

Indian government bonds logged their strongest week in more than six years after a fragile US Iran truce helped cool oil prices. With inflation pressure easing and sentiment supported by a neutral central bank stance, yields moved favorably, driving the rally into Friday and marking the best weekly performance in over six and a half years.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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HSBC downgrades India stocks to underweight as Middle East oil risks rise

HSBC downgrades India stocks to underweight as Middle East oil risks rise

HSBC downgraded Indian stocks to “underweight,” citing rising energy prices tied to the Middle East war. The bank warns the shock could cloud India’s earnings recovery and make the market less attractive than North East Asian peers. Foreign investors have also been net sellers, though HSBC points to selective opportunities in private banks, base metals and healthcare.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India bond yields hold steady as 10 year sale looms and oil risk stirs traders

India bond yields hold steady as 10 year sale looms and oil risk stirs traders

Indian government bonds held steady as traders digested a heavy supply event: a large sale of the benchmark 10-year note. Attention then shifted to the auction results, with expectations that yields could rise. At the same time, easing liquidity dragged overnight index swap rates lower, while concerns over high oil prices tied to a fragile US-Iran ceasefire kept risk sentiment cautious.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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