U.S.-Saudi Strikes Kill 20 Militants in Iraq Amid Regional Escalation

U.S. and Saudi fighter planes killed at least 20 Iran-backed militants in eastern Iraq on Wednesday, targeting logistics and weapons sites in retaliation for recent attacks.

Crude oil futures on the Multi Commodity Exchange rose 3.18% to ₹7,845 per barrel on Wednesday, driven by renewed fears of supply disruptions in the region.

India's UN Ambassador Parvathaneni Harish condemned the attacks on maritime vessels in the Strait of Hormuz, calling for immediate de-escalation to restore unimpeded trade.