The peace deal between the United States and Iran is once again in the global spotlight as the two parties are set to hold high-level peace talks in Switzerland.
The framework agreement reportedly includes a permanent ceasefire, the reopening of the Strait of Hormuz, and a commitment by both sides to continue negotiations over a final settlement.
Banks have sanctioned Rs 35,000 crore in loans under ECLGS 5.0 to support MSMEs and airlines affected by the West Asia conflict, with 80,000 applications cleared and fully digital processing completed in 5-7 days.
US President Donald Trump has continued to signal optimism about negotiations with Iran, and diplomatic efforts remain active behind the scenes. Yet the reality on the ground suggests a different picture, one where talks and strikes are happening simultaneously rather than sequentially.
India is asking oil companies to create at least 30 days of LPG reserves as a safeguard against supply disruptions linked to the Strait of Hormuz and the wider West Asia conflict.