Iran Crisis 2026 | The Business Standard
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The Business Standard

Monday
April 27, 2026

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MONDAY, APRIL 27, 2026

Iran Crisis 2026

Iran Crisis 2026

A damaged US AWACS aircraft following an Iranian strike on a base in Saudi. Reuters

US bases suffer massive damage in Iran strikes, repair may cost billions: Report

The extent of the destruction is much greater than what has been publicly shared so far and the repair is expected to cost billions of dollars, the officials told NBC News.

A cargo ship in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, 11 March 2026. Photo: Reuters

Iran seizes vessel in Strait of Hormuz, defying US naval superiority

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil prices edge lower with no progress on US-Iran talks, Hormuz shipping still disrupted

US forces patrol near the Iranian-flagged cargo ship M/V Touska after it was boarded and seized by US forces on Sunday, at a location given as the Arabian Sea, in this handout image released April 20, 2026. Photo: Reuters

US intercepts 3 Iranian oil tankers in Asian waters, sources say

Representatives from foreign diplomatic missions, United Nations offices and the media tour damage to sites previously targeted by US-Israeli strikes, in Tehran on 20 April. Photo: Getty Images

US-Iran peace talks in doubt as Trump signals no truce extension

A resident walks while covering her nose to protect against the smell rising from a building containing homes and a restaurant hit by an Israeli strike hours before the ceasefire, amid a 10-day ceasefire between Lebanon and Israel, in Zrarieh, Lebanon, 19 April 2026. REUTERS/Zohra Bensemra

Iran may join peace talks after Pakistan works to end US blockade, Iran source says

A member of the Lebanese army gestures at the site of an Israeli strike on a bridge carried out before a 10-day ceasefire between Israel and Lebanon went into effect, in Qasmiyeh, Southern Lebanon, 20 April 2026. REUTERS/Aziz Taher

Israel entrenches hold on south Lebanon, warns residents to stay out

 A view of Iranian-flagged cargo ship M/V Touska as the US Navy Arleigh Burke-class Aegis guided missile destroyer USS Spruance conducts its interception in a location given as the north Arabian Sea, in this screen capture from a video released 19 April 2026. CENTCOM/Handout via REUTERS

Ceasefire at risk after US seizes Iranian ship, Iran shuns peace talks

A man looks at a residential building damaged by a strike, amid the US-Israeli conflict with Iran, in Tehran, Iran, March 27, 2026. Photo: Reuters

Iran currently has no decision to send a negotiating delegation to Pakistan, Tasnim reports

A drone view shows the Malta-flagged tanker Agios Fanourios I, an oil tanker that sailed through the Strait of Hormuz, arriving in Iraq’s territorial waters off Basra, Iraq, April 17, 2026. REUTERS/Mohammed Aty

How 50 days of the Iran war led to the loss of $50 billion worth of oil

Representational Image. Photo: BSS

Oil plunges, stocks jump as Iran declares Hormuz open

An emergency responder works at the site of an Israeli strike, in Al-Mazraa in Beirut, Lebanon on 8 April 2026. Photo: REUTERS/Yara Nardi

War in the Middle East: latest developments

 Displaced people react as they return to their homes in a vehicle carrying belongings on its roof after a 10-day ceasefire between Lebanon and Israel went into effect, in Sidon, Lebanon, 17 April, 2026. REUTERS/Aziz Taher

Israel and Lebanon begin ceasefire, Trump says Iran may meet US over weekend

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