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Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Modi seeks opposition backing to implement women’s reservation before 2029 polls West Asia crisis: Ludhiana handtool export units face labour, gas supply shortages, high input costs Patent application filings in India rise 30.2% to 1.43 lakh in 2025-26: Goyal Meet the man with 138 degrees: Dashrath Singh, an ex-serviceman, earns latest qualification from IGNOU Europe missed AI bus, but India has potential to catch up: Former WEF Director AIG Hospitals, ICMR team up for digital health innovation Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Legendary playback singer Asha Bhosle dies at 92 Signature Global cuts net debt by 77% to ₹200 crore in FY26 Iran aims to restore majority of refining capability within two months Supreme Court to hear on Monday pleas related to SIR of electoral rolls in West Bengal US, India hold engagements to advance defence cooperation Trump shares article suggesting option with him to enforce naval blockade on Iran NCLAT reaffirms project-specific insolvency proceedings against realty firms Iran-US talks in Pakistan ended without deal as Tehran cites ‘excessive demands’ from US Two supertankers U-turn in Hormuz as US-Iran talks break down Time has come to implement Women's Reservation Act: PM Modi's letter to LS, RS floor leaders Iran war diverts US military, attention from Asia ahead of Trump's summit with China's leader Trump says China will have big problems if it ships arms to Iran India will soon become self-reliant in defence sector, find itself among leading nations of the world: Rajnath Singh Pakistan to continue facilitating US-Iran talks, says Dar; urges ceasefire More than 2,000 people killed by Israeli strikes in Lebanon during Israel-Hezbollah war: officials Iran denies US claims of mine clearing ships’ passage through Strait of Hormuz AI to reduce uncertainties and expand opportunities - RBI DG EAM Jaishankar meets members of Indian community in UAE 4 ways war in Iran has weakened United States in great power game US-Iran talks fail after 21 hours in Islamabad, JD Vance cites nuclear deadlock Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Islamabad talks: US and Iran begin negotiations aimed at ending West Asia conflict 51.5 lakh LPG cylinders delivered, 8.7 lakh Indians return amid West Asia crisis: Government India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. 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US launches second day of strikes on Iran, Iran fires back at Gulf states, Jordan
By AP- PTI · 2026-06-11 · via Latest Business News, Business News India Today | The HinduBusinessLine
USS Michael Murphy (DDG 112) launches Tomahawk cruise missiles from an unknown location, as the United States launched new strikes against multiple targets overnight in Iran

USS Michael Murphy (DDG 112) launches Tomahawk cruise missiles from an unknown location, as the United States launched new strikes against multiple targets overnight in Iran | Photo Credit: U.S. Central Command

The United States launched a second round of airstrikes on Iran into Thursday morning after US President Donald Trump warned that Tehran would “pay the price” for stalled negotiations, and Iran responded with strikes targeting Bahrain, Kuwait and Jordan.

The new US assault across multiple Iranian cities came as efforts to negotiate an end the war again appeared stuck, with Iran insisting it would maintain its chokehold on the Strait of Hormuz, which has disrupted global energy supplies and sent oil prices higher. The American attack appeared more intense and wider than the day before, but Iran released little information on the extent of the damage.

Kuwait closed its airspace for several hours because of the Thursday morning attack, but did not elaborate on any damage. Jordan said it intercepted 20 Iranian missiles fired toward an area that is home to an air base hosting US troops, though no one was hurt.

And in Bahrain, the Interior Ministry said an 11-year-old girl had been hurt and cars and homes were damaged by “falling debris” from interceptions responding to the Iranian attack.

The third back-and-forth strikes this week have tested a two-month shaky ceasefire. The first were attacks between Iran and Israel on Sunday into Monday, followed by the two rounds of fire between America and Tehran.

Trump has urged Iran to sign a deal to end the war and suggested earlier this week that an agreement could be reached in days.

But Iran has proved resilient despite weeks of heavy bombing. It is betting that its ability to effectively close the Strait of Hormuz -- a crucial passageway for oil and natural gas -- gives it a strong bargaining chip.

Still, both countries seem to be looking for a way to end the conflict -- if they can manage to sell it as a win at home.

Israeli Prime Minister Benjamin Netanyahu also appears intent on pursuing goals that make compromise harder: the collapse of Iran's theocratic government, the elimination of its nuclear program, and the destruction of the Iranian-allied Hezbollah militant group in Lebanon.

US strikes Iran and Iran fires back at Gulf states

The US Central Command said its latest round of airstrikes ended just before sunrise Thursday in Iran. The military command said the strikes came “in response to Iran's unwarranted and continued aggression” and targeted “Iranian military surveillance capabilities, communication systems and air defence sites.” It did not elaborate on the damage done by the strikes, which it said were carried out by the US Air Force, Marines and Navy.

Explosions from the strikes echoed around Iran's capital, Tehran, as well as the port city of Bandar Abbas and other southern areas along the Strait of Hormuz. Iran's paramilitary Revolutionary Guard later said sites hit by the Americans included a manufacturing complex, a military barracks and a local Guard base outside of Tehran.

Israel early Thursday also warned residents in the country's north to seek shelter after the detection of suspected incoming fire from Lebanon.

Trump says US is sneaking oil past the Strait of Hormuz

Since the US and Israel started the war with Feb. 28 attacks on Iran, the conflict has shaken the global economy, driven up energy prices and made food and other basics more expensive.

The international benchmark for crude oil traded above USD 93 a barrel on Wednesday, up more than 25 per cent since the start of the war.

Trump said the US military has since last month undertaken a “secret mission” to sneak oil shipments past Iran's forces in the Strait of Hormuz. He said ships were slipping through at night, aided by the destruction of Iranian radar equipment.

Trump said as a result more than 100 million barrels of oil have evaded Iran's chokehold on the strait. There was no immediate confirmation of that figure, which roughly equals five days of oil shipments through the waterway before the war began.

The military's role was not immediately clear. The US Central Command on Wednesday disputed Iran's claims that the Strait of Hormuz is closed, saying commercial ships are continuing to transit in and out.

But the seas remain dangerous for mariners. The US Navy targeted the Palau-flagged tanker Settebello on Tuesday. The US military's Central Command had accused the Settebello of having “violated the ongoing blockade by attempting to transport oil from Iran.” American forces fired into the ship's engine room to stop it Wednesday.

The leader of the International Maritime Organisation, a United Nations agency, condemned the attack on the Settebello. Since the start of the Iran war, there have been 43 attacks on international shipping in the area, the IMO said.

Another tanker near where the Settebello had been struck off Oman experienced an engine room fire on Thursday morning as well, according to the British military's United Kingdom Maritime Operations centre. It wasn't immediately clear what sparked the blaze, though initial suspicion fell on another US attack.

Big disagreements stand in the way of a quick peace deal

Wary of high gas prices in the run-up to mid-term elections in November, Trump seems to be looking for a quick win. But he is also making demands that will be tough for Iran to swallow.

The US wants to see Iran give up its stockpile of highly enriched uranium. While Iran insists its nuclear program is peaceful, that uranium is a short technical step from weapons-grade levels.

Iran is refusing to give up the uranium and demanding relief from sanctions. It also wants the release of frozen assets even before a final agreement is in place, something Trump rejected.

Iran has insisted that any deal to end the war must also end fighting between its ally Hezbollah and Israel.

A Qatari diplomatic delegation, negotiating in coordination with the US, left Tehran on Thursday morning after holding talks, said an official with knowledge of the team who spoke on condition of anonymity to discuss the mediation. (AP) FHK SKS SKS

Published on June 11, 2026