G7 nations will hold an emergency meeting on Monday to discuss rising oil prices and falling stock markets linked to the US-Israel war with Iran. Finance ministers from major economies will review the impact of the conflict on global energy supply. Oil prices crossed $100 a barrel as fears grew over disruptions in the Strait of Hormuz. Nearly one-fifth of the world’s oil usually moves through the route, but shipping has slowed since the war began. Brent crude briefly rose close to $120 before easing. Officials may also discuss releasing oil from emergency reserves through the International Energy Agency. Analysts say a longer conflict could keep markets under pressure.

Signs of division are emerging in Iran’s leadership as the war with the US and Israel continues. President Masoud Pezeshkian faced backlash after apologising for Iran’s strikes on Gulf countries. He later withdrew the apology, saying his remarks were “misinterpreted by the enemy that seeks to sow division.” Hardliners, including parliament speaker Mohammad Bagher Ghalibaf, criticised the apology as weak. At the same time, Mojtaba Khamenei’s appointment as supreme leader has triggered debate within Iran’s establishment. Some clerics opposed the move, arguing that a father-to-son succession contradicts the ideals of the 1979 Islamic Revolution. Analysts say the Islamic Revolutionary Guard Corps played a decisive role in pushing his appointment. (PC: India Today)

Former UAE Ambassador to India Hussain Hassan Mirza said Prime Minister Narendra Modi could help ease the Iran–Israel conflict. He said Modi commands respect across the region and has credibility with both sides. “One phone call from Mr Modi to the counterparts in Iran and Israel can solve this issue, can end this issue,” Mirza told NDTV. He also said the United Arab Emirates does not want to be involved in the conflict. “There is no reason for the UAE to be involved in this,” he said. Mirza noted the UAE has relations with both Iran and Israel and could help mediation. The fighting continued on Monday with new Israeli strikes reported in Iran. (PC: NDTV)

Indonesia has signed an agreement with India to procure the BrahMos missile system, a defence ministry spokesperson said on Monday. The deal is part of Jakarta’s effort to modernise its military hardware, especially in the maritime sector. Spokesperson Rico Ricardo Sirait said the agreement aims to improve Indonesia’s defence capabilities. “It is part of the modernisation of military hardware and defence capabilities, especially in the maritime sector,” he said. He did not confirm the value of the deal. Earlier discussions suggested it could be worth between $200 million and $350 million. BrahMos is a supersonic cruise missile developed jointly by India and Russia. India previously exported the system to the Philippines in 2022. (PC: X)

Long queues formed outside LPG agencies in several parts of India as the Iran war raised fears of supply disruption. In some areas, people reported buying cylinders on the black market for up to Rs 1,500. Officials said there is no nationwide shortage of cooking gas in India. Government sources said the country has adequate LPG stocks and households should not panic. “India has sufficient LPG supplies and strategic reserves to manage the situation,” officials said. Bookings have risen by about 15–20% in some regions in recent days. Oil companies also increased the waiting period between bookings to control hoarding. Officials said India is exploring imports from other countries to ensure steady supply. (PC: India Today)

Russian President Vladimir Putin said Russia will continue to support Iran during the ongoing conflict with the United States and Israel. He described Moscow’s backing as “unwavering” and expressed solidarity with Tehran. “I wish to confirm unwavering support for Tehran and solidarity with our Iranian friends,” Putin said. He also congratulated Mojtaba Khamenei after Iran named him the country’s new supreme leader following the death of Ayatollah Ali Khamenei. Putin said he was confident the new leader would continue his father’s work “with honour.” The Kremlin also repeated Russia’s call to stop hostilities. Iranian President Masoud Pezeshkian thanked Moscow for its support and solidarity with Iran. (PC: HT)

Oil prices rose above $100 per barrel as the Iran war disrupted supplies in West Asia. Brent crude climbed close to $120 before easing slightly. The rise followed attacks on oil facilities and disruptions near the Strait of Hormuz. India depends on imports for more than 88% of its crude oil needs. Officials said the immediate priority is ensuring steady fuel supply rather than focusing only on price. The Strait of Hormuz handles about one-fifth of global oil trade. Tanker traffic there has slowed sharply. Government sources said Indian refiners are increasing purchases from regions outside Hormuz. They also said stocks of crude oil, petrol, and diesel are rising as more shipments arrive. (PC: The Indian Express)

Turkey said NATO air defences intercepted a second Iranian ballistic missile that entered its airspace in the past week. The Turkish Defence Ministry said the missile was shot down after it crossed into the country’s airspace. Some fragments fell in empty fields in the southeastern province of Gaziantep. Officials said there were no casualties. “We once again emphasise that all necessary measures will be taken decisively and without hesitation against any threat directed at our country's territory and airspace,” the ministry said. It remains unclear where the missile was heading before being intercepted. Turkey has not invoked NATO’s Article 4 for consultations but warned Iran and other parties to avoid actions that threaten regional stability. (PC: X)

Sanju Samson said he spoke to Sachin Tendulkar during India’s T20 World Cup 2026 campaign when he was unsure about his form. Samson said he stayed in touch with Tendulkar before the tournament and even received a call from him a day before the final. The conversations helped Samson find clarity in his game. He later played a key role in India’s title win with strong performances during the tournament. Sachin Tendulkar’s Advice Helped Sanju Samson Find Clarity During India’s T20 World Cup 2026 Campaign. Samson said the guidance was not about major technical changes. It was more about preparation and understanding the game better. Other players have also spoken about Tendulkar’s advice. Shubman Gill earlier said Tendulkar told him to “defend straight and score square.” (PC: HT)

Saudi Arabia has started reducing oil production as storage tanks begin to fill due to disruption near the Strait of Hormuz. The conflict in the Middle East has slowed maritime traffic from the Persian Gulf, affecting exports.   A source familiar with the matter said the kingdom is lowering output to avoid overwhelming storage capacity. Other producers such as the UAE, Kuwait and Iraq have also reduced production.   Saudi Arabia produces about 10 million barrels of oil per day and exports around 7 million barrels. Some shipments are being diverted through the Red Sea port of Yanbu.   However, the pipeline route cannot fully replace exports usually sent through Hormuz. Oil prices have already crossed $100 per barrel. (PC: NDTV)