New Delhi, Sept. 22 -- The price of the yellow metal in India's retail market rose on Tuesday, 22 September, amid ongoing uncertainty over the US-Iran conflict, with US Treasury Secretary Scott Bessent declaring that all Iranian airlines would be 'shut down' from Wednesday.

All Iranian airlines will be shut down from 23 September, said Bessent. In a conversation with CNBC's 'Squawk Box,' Bessent added, "How do we do that? That if they land, you cannot provide them with fuel. You cannot provide them with landing services, you cannot sell them tickets, or you will be knocked out of the dollar system."

The Treasury Secretary further said that Washington was pressuring Iran "like never before," saying that the US was putting a stop to Iran'...