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Global oil price gains 3% as US strikes IranPublished on: May 27, 2026 10:42 AM

Pakistan, May 27 -- Brent crude oil rose 3 percent on Tuesday after the US military carried out strikes in Iran, adding to uncertainty on whether a deal will be imminently reached to end the war and o... Read More


High fuel prices: Air India cuts 22% domestic flights; IndiGo trims 5-7% domestic, 17% international

New Delhi, May 27 -- Air India and IndiGo are reducing domestic flight operations between June and August 2026 as high aviation turbine fuel (ATF) prices continue to impact airline operations and comm... Read More


Dollar wobbles as markets cling to hopes for ME peace dealPublished on: May 27, 2026 10:37 AM

Pakistan, May 27 -- The dollar nursed losses on Tuesday on rising investor optimism of a deal being struck to reopen the crucial Strait of Hormuz and end ?the three-month-long Iran war, although fresh... Read More


Iran claims draft deal with US could reopen Strait of Hormuz, White House calls it 'fabrication'

India, May 27 -- Iran on Wednesday claimed that a draft framework agreement with the United States could lead to the reopening of the strategically critical Strait of Hormuz and restoration of commerc... Read More


Trump's former AG Pam Bondi's thyroid cancer battle revealed weeks after dramatic DOJ exit: Report

Washington, May 27 -- Former United States Attorney General Pam Bondi was diagnosed with thyroid cancer shortly after she departed from the Department of Justice, an Axios report has revealed. The pub... Read More


This NASA astronaut suddenly couldn't speak in space: Will his experience impact future missions?

New Delhi, May 27 -- NASA astronaut Mike Fincke experienced a "medical emergency" in space earlier this year. He couldn't speak suddenly during the mission. The episode marked an early return of Crew-... Read More


Indian man moves back after US layoff and visa stress: 'Immigration system breaks you down'

India, May 27 -- After spending more than a decade building a life in the US, a 33-year-old Indian man says he is finally moving back home following a layoff, visa uncertainty and years of frustration... Read More


Crude shock: What Middle East tensions mean for your portfolio?

New Delhi, May 27 -- Escalating tensions in the Middle East and renewed military activity around the Strait of Hormuz have once again shaken global markets, with crude oil prices volailte and concerns... Read More


Economic Buzz: New Zealand central bank leaves Official Cash Rate unchanged at 2.25%

Mumbai, May 27 -- The Reserve Bank (RBNZ) has held the official cash rate (OCR) unchanged at 2.25 percent in a split vote, but warned it will have to raise to counter surging inflation caused by the M... Read More


IDF says two senior Hamas operatives eliminated in Gaza strikes

Tel Aviv, May 27 -- The Israel Defence Forces (IDF) said it struck two "senior" Hamas operatives in northern Gaza a short while ago, adding that further details will be shared later, Times of Israel r... Read More