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Gautam Adani, founder and chairman of the Adani Group, is now the richest person in Asia. The billionaire has overtaken Mukesh Ambani, the chairman and managing director of Reliance Industries. This comes on the back of gains in Adani Group stock values. MORE..

18 Apr 2026 (12:14 PM)

The Iranian military s joint command has released a statement on the situation in the Strait of Hormuz, state media reported. MORE..

18 Apr 2026 (3:36 PM)

Two Indian-flagged vessels were fired at by Iranian gunboats in the Strait of Hormuz today, sources have said. No one was injured and the vessels were not damaged, they said. The two ships, however, had to turn back after the incident northeast of Oman in the shipping lane critical for oil trade. MORE..

18 Apr 2026 (9:38 PM)

No date has been set for the next round of negotiations between Iran and the United States, Iran s deputy foreign minister said on Saturday, adding that a framework of understanding must be agreed first. MORE..

18 Apr 2026 (7:48 PM)

US President Donald Trump has addressed the latest developments in the Iran war as Tehran reversed its decision to reopen the Strait of Hormuz today. MORE..

18 Apr 2026 (9:29 PM)

There have been reports of gunfire after at least two merchant vessels tried to pass through the Strait of Hormuz, the news agency Reuters reports, citing three maritime sources. MORE..

18 Apr 2026 (6:12 PM)