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Gautam gets serious on ‘fake Gambhirs’, moves court over AI deepfake misuse | Off the field News


Gautam gets serious on 'fake Gambhirs', moves court over AI deepfake misuse

Indian men’s cricket team head coach Gautam Gambhir has filed a lawsuit in the Delhi high court seeking relief against what he described as misuse of his identity through artificial intelligence (AI) tools, deepfakes, and unauthorised commercial use, news agency ANI reported on Thursday. In his petition, Gambhir has named multiple social media accounts, intermediaries and e-commerce platforms as defendants. He has sought a permanent injunction to restrain them from using his name, image, voice or persona without his consent.

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Gautam Gambhir reflects on India’s World Cup win and backing Sanju Samson in the tournament

The suit is filed against 16 defendants including identified social media accounts (JanKey Frames, Bhupendra Paintola, Legends Revolution, gustakhedits, cricket_memer45, GemsOfCrickets, Crickaith, Sunny Upadhyay, @imRavY_), e-commerce platforms (Amazon, Flipkart), platform intermediaries (Meta Platforms Inc., X Corp., Google LLC / YouTube), and the Ministry of Electronics & Information Technology and Department of Telecommunications as proforma parties to facilitate implementation of any court order, the ANI report said.The former BJP MP has also requested an immediate ex-parte ad-interim injunction for the removal of all such content and to stop further circulation while the case is under consideration.The petition also seeks damages of Rs 2.5 crore along with rendition of accounts.According to the plea, there has been a rise since late 2025 in fabricated digital content created using AI tools such as face-swapping and voice cloning, which allegedly show him making statements he never made.The filing states that some of these videos — including a fake resignation announcement and fabricated remarks on senior cricketers — received lakhs of views, which, according to him, misled the public and affected his reputation.Gambhir has also alleged that his identity has been used for commercial purposes through the sale of unauthorised merchandise on e-commerce platforms without any permission or licensing.The suit has been filed against 16 defendants, including social media accounts, intermediaries such as platform operators and e-commerce entities. Government authorities have been included as pro forma parties to ensure implementation of any court directions.The petition invokes provisions under the Copyright Act, Trade Marks Act and Commercial Courts Act. It also relies on judicial precedents that recognise personality and publicity rights as enforceable, including in cases involving AI-based misuse.Highlighting the issue, Gambhir has stated that his identity has been “weaponised” by anonymous accounts to spread misinformation and generate revenue, adding that the matter raises concerns beyond personal harm, including issues of dignity and legal protection in the context of artificial intelligence.The matter is expected to come up before the Delhi high court in the coming days for consideration of interim relief.

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BGMI 4.3 update: Krafton collaborates with CSK and KKR for IPL 2026; check team-themed skins, vehicles, and first-ever photo booths |


BGMI 4.3 update: Krafton collaborates with CSK and KKR for IPL 2026; check team-themed skins, vehicles, and first-ever photo booths

The BGMI 4.3 update is set to introduce dedicated content tied to the Indian Premier League 2026 season. According to BGMI maker Krafton, Chennai Super Kings‑themed items and Kolkata Knight Riders content are scheduled to go live in the game on March 21 and March 25, respectively. Krafton India has partnered with two of the IPL’s most prominent franchises to deliver branded collectables, vehicle skins, outfits, and new interactive in‑game elements. These additions extend beyond cosmetic changes and are designed to offer fans an immersive way to engage with their preferred teams within the BGMI environment.

BGMI collaborates with CSK and KKR for new interactive in-game features

The release schedule and pattern of the BGMI 4.3 update imply a strategic attempt to incorporate sports franchise brand identities into a mobile gaming environment. By releasing team-themed material on specific dates

  • CSK on 21 March 2026
  • KKR on 25 March 2026

This update is in line with the IPL schedule and positions BGMI as a competitive environment and a space for fan engagement.This integration of franchise brand identities includes a variety of new interactive features such as branded collectables and Photo Booth POIs, in addition to retaining the fundamental battle royale game mechanics.

BGMI 4.3 adds CSK and KKR team-themed content for in-game fan engagement

BGMI and CSK collaboration (21 March 2026)

For supporters of Chennai Super Kings (CSK), the battleground will receive its initial themed content on 21 March 2026. According to Krafton, the update includes two team‑branded items: the Thala Legacy Set outfit and the Thala Monster Truck vehicle skin. These items carry visual design cues tied directly to CSK’s identity and are available to players across BGMI’s core maps. Introduced alongside these cosmetic features are the first‑ever Photo Booth Points of Interest (POIs) in BGMI. These POIs appear at specific locations on the Erangel and Livik maps. When players approach a Photo Booth POI, they can view and capture in‑game photographs that include virtual representations of CSK players. Seddharth Merrotra, Head of Business Development at KRAFTON India, commented on the CSK collaboration, noting that the intention was to merge CSK’s fan passion with BGMI’s active player base in a way that feels meaningful. KS Viswanathan, Managing Director of CSK, described the update as a new method for supporters to celebrate their team through digital engagement rather than conventional broadcast or stadium‑centric experiences.

BGMI and KKR collaboration (25 March 2026)

From 25 March 2026, Kolkata Knight Riders (KKR)‑themed content becomes available within BGMI. The KKR rollout includes the Knight Dominion Set outfit and the Eden Charge Buggy vehicle skin. Similar to the CSK content, these items reflect KKR’s visual motifs and are usable across standard gameplay modes.KKR also receives dedicated Photo Booth POIs for Erangel and Livik. These POIs function identically to the CSK versions, enabling players to take in‑game photos that incorporate static virtual imagery associated with the KKR franchise. The presence of these points is intended to provide fans with additional avenues for team expression within the game’s interactive world.Binda Dey, Chief Marketing Officer at Knight Riders Sports, stated that this collaboration aims to extend the connection fans have with the KKR brand into a digital format.

BGMI 4.3 update: Other key features

  • Jujutsu Kaisen collaboration – Mini RP and Lucky Spin events based on the popular anime series worldwide.
  • Apollo Sportscar collaboration – Speed Drift addition for BGMI players to experience high-performance racing thrills in-game.
  • Phoenixtra X-Suit – Another high-end addition to BGMI’s exclusive elite-tier cosmetics.
  • Dark Raven X-Suit – Another fan favourite from the community, ideal for collectors and long-time players.
  • Ancient secret rise theme mode – One of the most cherished themed game experiences in BGMI, offering unique locations and combat for community and creator engagement.

How to download the BGMI 4.3 update

The 4.3 update is released through official platforms only:

  • Step 1: Search ‘Bgminewupdate.com.in’ online.
  • Step 2: Open the website and look for the BGMI download page.
  • Step 3: Download both the APK and OBB files.
  • Step 4: Enable the “Unknown sources” option in your device settings to allow installation from external sources.
  • Step 5: Check the downloaded APK file on your device and start the installation process.
  • Step 6: After installation, move the OBB file to the following directory: Android > OBB > com.pubg.imobile.
  • Step 7: If the “com.pubg.imobile” folder is not present, create it manually and place the OBB file within it.
  • Step 8: Open the application, log in, and proceed to play the game.

In‑game content activation

  • CSK content becomes available starting March 21, 2026.
  • KKR content becomes available starting March 25, 2026.
  • Open the game, and check the Event or Store section to claim themed outfits, vehicle skins, and access Photo Booth POIs.



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Gold Price Today: Gold price today: Yellow metal plunges over Rs 3,600; check 24K, 22K city-wise rates in Delhi, Mumbai, Pune and more


Gold price today: Yellow metal plunges over Rs 3,600; check 24K, 22K city-wise rates in Delhi, Mumbai, Pune and more

Gold prices witnessed a sharp fall in futures trade on Thursday, tracking weak global cues and a stronger US dollar. According to PTI, gold contracts for April delivery on the Multi Commodity Exchange dropped by Rs 3,616, or 2.36 per cent, to Rs 1,49,409 per 10 grams in a turnover of 7,387 lots.Analysts said the precious metal came under pressure as rising US Treasury bond yields and a firm dollar reduced the appeal of safe-haven assets. In the international market, Comex gold futures for April delivery declined by $120.84, or 2.47 per cent, to $4,775.36 per ounce in New York. Experts noted that stronger US producer inflation data and elevated bond yields continued to weigh on bullion prices.

City-wise gold rates today

Gold rate in Bengaluru today:

Bengaluru’s 24K gold price stands at Rs 15,464 per gram, while 22K gold costs Rs 14,175 and 18K gold Rs 11,598 per gram. Compared to yesterday, 24K gold declined by Rs 311, 22K by Rs 285 and 18K by Rs 233.

Gold rate in Delhi today:

In Delhi, 24K gold is priced at Rs 15,479 per gram, 22K at Rs 14,190 and 18K at Rs 11,613. Since yesterday, 24K gold has fallen by Rs 311, 22K by Rs 285 and 18K by Rs 233.

Gold rate in Mumbai today:

Mumbai’s 24K gold rate stands at Rs 15,464 per gram. The 22K variant is at Rs 14,175, while 18K gold is priced at Rs 11,598. Compared to the previous day, 24K gold dropped by Rs 311, 22K by Rs 285 and 18K by Rs 233.

Gold rate in Chennai today:

In Chennai, 24K gold is trading at Rs 15,894 per gram, while 22K gold is priced at Rs 14,569 and 18K at Rs 12,239. All three categories have slipped slightly by Rs 1 compared to yesterday’s rates.

Gold rate in Kolkata today:

Kolkata records 24K gold at Rs 15,464 per gram, 22K at Rs 14,175 and 18K at Rs 11,598. Prices have declined by Rs 311, Rs 285 and Rs 233 respectively.

Gold rate in Hyderabad today:

Hyderabad sees 24K gold at Rs 15,464 per gram, 22K at Rs 14,175 and 18K at Rs 11,598. All three categories are lower by Rs 311, Rs 285 and Rs 233 respectively.

Gold rate in Ahmedabad today:

In Ahmedabad, 24K gold is priced at Rs 15,469 per gram, 22K at Rs 14,180 and 18K at Rs 11,603. Compared to yesterday, 24K gold is down Rs 311, 22K down Rs 285 and 18K down Rs 233.

Gold rate in Jaipur today:

Jaipur’s 24K gold rate stands at Rs 15,479 per gram, while 22K is Rs 14,190 and 18K Rs 11,613. Prices have slipped by Rs 311, Rs 285 and Rs 233 respectively.

Gold rate in Bhubaneswar today:

In Bhubaneswar, 24K gold is retailing at Rs 15,464 per gram, 22K at Rs 14,175 and 18K at Rs 11,598. Compared to yesterday, prices are lower by Rs 311, Rs 285 and Rs 233 respectively.

Gold rate in Pune today:

Pune records 24K gold at Rs 15,464 per gram, 22K at Rs 14,175 and 18K at Rs 11,598. Prices have declined by Rs 311, Rs 285 and Rs 233 respectively.

Gold rate in Kanpur today:

Kanpur’s 24K gold price stands at Rs 15,479 per gram, 22K at Rs 14,190 and 18K at Rs 11,613. Compared with the previous day, prices have dropped by Rs 311, Rs 285 and Rs 233 respectively.



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Allah Ghazanfar: ‘Will be very bad for Pakistan’: Afghan IPL star warns after attack, seeks India’s help | Cricket News


Afghanistan spinner Allah Ghazanfar (X)

Afghanistan spinner Allah Ghazanfar has made an emotional appeal to the international community after a devastating airstrike struck a rehabilitation centre in Kabul. The young cricketer spoke about the wider impact of the escalating tensions between Pakistan and Afghanistan, calling attention to the human cost of the conflict.In what has been described as one of the deadliest airstrikes carried out by Pakistan on Afghanistan, at least 400 people were killed and around 250 others injured. Afghanistan’s deputy government spokesperson Hamdullah Fitrat stated that the strike hit a drug rehabilitation hospital, leaving significant portions of the 2,000-bed facility in ruins. Pakistan, however, has denied the allegations.

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Ghazanfar highlighted the importance of the facility, stressing that it provided crucial support to vulnerable sections of society.“The people there don’t have money for treatment,” Ghazanfar told CNN News18. “And now, they’ve targeted that place as well; they’ve martyred those people. This is not acceptable to the people of Afghanistan.”Strongly condemning the attack, he also questioned the intent behind such military actions.“I don’t know what they’re trying to prove. They come and target ordinary people, and we simply cannot accept this. Afghanistan cannot accept this,” he said in the interview.“Everyone knows Afghanistan’s history,” he warned. “If that history repeats itself, it will be very bad for Pakistan.”Ghazanfar, who is set to represent Mumbai Indians in the IPL 2026, also spoke about Afghanistan’s ties with India, describing it as a close ally. He urged the global community to step in and help de-escalate the situation, emphasising that such conflicts harm ordinary people the most.“India is our close friend. We want to engage with them, to talk about these issues, so that things like this don’t happen. This is our request to other countries too. This is not good for the people. Right now, the world is going through many challenges, and this is not good for anyone,” he concluded.The spinner is yet to make his IPL debut and has featured in 20 matches for Afghanistan so far, picking up 29 wickets across formats.

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“I’ve stopped drinking alcohol…”: Yuzvendra Chahal drops a big confession in the lead-up to IPL 2026



In a candid revelation that has sent waves through the cricketing community, India’s champion leg-spinner Yuzvendra Chahal has opened up about a significant lifestyle change ahead of the IPL 2026 season. The Punjab Kings (PBKS) star, who remains the leading wicket-taker in the history of the Indian Premier League, confessed that he has completely given up alcohol in a bid to extend his career and guide his franchise to their elusive maiden title.

Yuzvendra Chahal shares big update before IPL 2026

Speaking on the YouTube show of South African legend and former teammate AB de Villiers, Chahal shared the motivations behind this drastic shift. “I’ve stopped drinking alcohol, and it’s been more than six months now,” Chahal stated.

At 35, the wily spinner is acutely aware of the physical demands of modern T20 cricket. “I want to be more active and give my 150% for my team. As a senior player, I want people in the IPL to learn something from me,” he added.

The move comes after a bittersweet IPL 2025 campaign. While Punjab Kings broke their long-standing playoff jinx to reach the final under the leadership of Shreyas Iyer, they suffered a heart-wrenching 6-run defeat to Royal Challengers Bengaluru (RCB) in the summit clash. Chahal, despite finishing the season with 16 wickets, was plagued by injuries during the business end of the tournament.

Reflecting on the loss, Chahal revealed he was playing through the pain of a rib fracture sustained after a game against KKR, followed by a knuckle fracture. “In the semifinal and final, I wasn’t able to bowl my proper leg-spin. This year, I want to take care of my body first,” he noted.

Beyond personal fitness, Chahal pinpointed the absence of South African all-rounder Marco Jansen in the final as the tipping point. Jansen had to depart early for national duties, leaving a void in the PBKS lower order and pace attack.

If he [Jansen] were there, we would have definitely won the championship,” Chahal conluded, highlighting Jansen’s ability to strike early with the ball and provide late-order cameos.

Also READ: ‘Sarpanch Sahab’ Shreyas Iyer headlines Punjab Kings’ jersey launch for IPL 2026

Yuzi Chahal: Most expensive spinner in the history of IPL

Chahal’s commitment to fitness is not just about personal pride; it is about justifying the immense faith and capital invested in him. During the IPL 2025 mega auction, Punjab Kings scripted history by securing Chahal’s services for a staggering ₹18 crore. This made him the most expensive spinner in the history of the IPL, doubling the previous record held by Rashid Khan.

By entering IPL 2026 in peak physical condition, Chahal aims to repay the record-breaking bid. With over 221 IPL wickets to his name, he remains the gold standard for wrist-spin in the league. As PBKS prepares for the upcoming season, a sober and stronger. Chahal could be the final piece of the puzzle for a team that came within one hit of glory last year.

Also READ: Sanjay Bangar names his playing XI of Punjab Kings for IPL 2026



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West Bengal elections 2026: How the state voted in 2021 — the year BJP surged | India News


West Bengal elections 2026: How the state voted in 2021 — the year BJP surged
Suvendu Adhikari and Mamata Banerjee (File photo)

NEW DELHI: With both the Trinamool Congress (TMC) and the BJP announcing their candidate lists, the battle for Bengal has effectively begun. While the TMC has declared candidates for all 294 seats, the saffron party has so far named 144, covering roughly half the Assembly. The contest is largely being seen as a direct duel between Mamata Banerjee’s TMC and the BJP led by Prime Minister Narendra Modi.The BJP is now aiming to challenge Mamata Banerjee’s over-a-decade-long rule. Its rise in the Bengali-speaking state has been striking, from near-zero presence to becoming the principal opposition and a serious contender for power.The Modi-led campaign has consistently kept Mamata at the centre of its political attacks, targeting what remains an elusive prize—the second-largest assembly in the country — West Bengal.

2021: The BJP’s turning point

The 2021 assembly election marked a turning point. Despite projecting a landslide victory, the BJP secured 77 seats—falling short of power but registering a dramatic surge from just 3 seats earlier, and firmly establishing itself as a formidable opposition.In many ways, the 2021 election told a bigger story than Mamata Banerjee’s victory, it marked the BJP’s rise to prominence in Bengal politics.

How Bengal voted in 2021

Often called the BJP’s ‘Chanakya’, Amit Shah had confidently declared during the campaign that the party would cross the 200-mark in the 294-member assembly, coining the slogan “abki baar, 200 paar”. The results, however, told a very different story.

West Bengal assembly elections 2021 results

The BJP fell well short, not just of 200, but even of the halfway mark of 147 seats.The outcome also brought personal setbacks for several of the party’s prominent faces. Union minister Babul Supriyo, former Rajya Sabha MP Swapan Dasgupta, and Lok Sabha MP Locket Chatterjee were among those who lost their seats.

Voting patterns and missed calculations

Much of the BJP’s strategy had rested on consolidating Hindu votes and gaining the support of Scheduled Caste (SC) communities, while closely watching whether Muslim voters would back the TMC. In the end, the results suggested that Muslim voters largely stood with Mamata Banerjee, while SC votes did not consolidate in the BJP’s favour as expected.

From 2019 highs of BJP to 2021 setback

Compared to its strong performance in the 2019 Lok Sabha elections, the Assembly results were a setback. Back then, the BJP had won 18 out of 42 seats and led in 121 assembly segments with a vote share of 40.2%. In 2021, it secured 77 seats—44 fewer than the segments it had led in earlier and its vote share dipped slightly to 38.13%.

BJP: A decade of rapid rise

Yet, beneath the disappointment lies a remarkable story of growth. Just a decade ago, in the 2011 Assembly elections, the BJP had failed to win a single seat and managed only 4% of the vote. In 2014, it won two Lok Sabha seats with an 18% vote share. In 2016, it secured three Assembly seats with around 10% votes. From there to 77 seats and over 38% vote share in 2021 marks a dramatic rise.In the process, the BJP has replaced the Left and the Congress, who had dominated Bengal politics for decades, as the principal opposition force. While both the Left parties and the Congress drew a blank in an unprecedented outcome, smaller players like the Rashtriya Secular Majlis Party and an independent candidate managed to win a seat each.The BJP has not just gained seats; it has built an organisational base, a cadre, and a leadership structure in the state. That machinery, now firmly in place, is likely to shape its strategy for future battles, both in the Lok Sabha elections and the next assembly contest.

The Nandigram battle

Another key takeaway for the BJP was the victory of its “giant killer” Suvendu Adhikari, who defeated Chief Minister and TMC supremo Mamata Banerjee in Nandigram by a narrow margin of 1,956 votes after a fiercely contested battle.The contest had turned into a prestige fight after Mamata herself chose to challenge Adhikari on his home turf. He had gone a step further, declaring he would quit politics if he failed to defeat her by 50,000 votes. While he fell short of that ambitious claim, his eventual win, even by a slender margin proved politically significant.The defeat dealt a symbolic blow to the TMC’s larger victory and meant Mamata Banerjee would have to seek re-election to the Assembly within six months to continue as chief minister.



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Blaze at furniture market in Maharashtra’s Bhiwandi; no injuries reported | Mumbai News


Fire breaks out at furniture market in Bhiwandi (Picture credit: ANI)

BHIWANDI: A fire broke out at a furniture market in the Chamunda Complex in Bhiwandi, Maharashtra, on Thursday, officials said. The incident occurred around 11.30am, following which fire tenders rushed to the spot to douse the blaze. No injuries have been reported so far. Speaking with ANI, Fire Officer Bapu Sonone said, “A fire broke out at 11:30 in a furniture market located in the Chamunda compound, affecting at least 7-8 furniture godowns. Despite some traffic due to the holiday, the responders arrived on time. “The fire is currently being cooled down, though the cause of the fire remains unknown. There were no reported injuries or significant property damage, though there is some difficulty in obtaining water as tankers are arriving late,” he added. Further details are awaited.



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For the first time ever, FBI confirms buying data that can be used to track people; Director Kash Patel says: We purchase …


For the first time ever, FBI confirms buying data that can be used to track people; Director Kash Patel says: We purchase …

The Federal Bureau of Investigation (FBI) is buying commercially available data that can be used to track people’s locations and movement history, Kash Patel, the director of the agency, said at a Senate Intelligence Committee hearing on Wednesday (March 18), marking the first time the agency has openly acknowledged the practice is currently ongoing.“We do purchase commercially available information that’s consistent with the Constitution and the laws under the Electronic Communications Privacy Act, and it has led to some valuable intelligence for us,” Patel told senators, as per a news report by The Politico. It is to be noted that in 2023, then-FBI Director Christopher Wray acknowledged that the agency had purchased location data in the past but stated it was not doing tracking people’s movement at the time.

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How the FBI gets around warrant requirements

The backdrop to this admission is a legal boundary. Since 2018, the US Supreme Court has required law enforcement agencies to obtain a court warrant before accessing people’s location data from mobile phone providers. Data brokers collect vast amounts of personal information, including location history, and sell it to paying customers. Since, this data is technically “commercially available”, law enforcement agencies can purchase it without needing a warrant to purchase.

Lawmakers push back

The report said that senators Ron Wyden (Democrat, Oregon) and Mike Lee (Republican, Utah) introduced the Government Surveillance Reform Act on March 13, which would require federal law enforcement and intelligence agencies to obtain a warrant before purchasing Americans’ personal data. Wyden was blunt in his criticism at the hearing. He said, “Doing that without a warrant is an outrageous end run around the Fourth Amendment — it’s particularly dangerous given the use of artificial intelligence to comb through massive amounts of private information.”A companion bill has also been introduced in the House by Representatives Zoe Lofgren (Democrat, California) and Warren Davidson (Republican, Ohio).However, not everyone at the hearing was opposed. Committee Chair Tom Cotton (Republican, Arkansas) defended the practice by saying, “The key words are commercially available. If any other person can buy it, and the FBI can buy it, and it helps them locate a depraved child molester or savage cartel leader, I would certainly hope the FBI is doing anything it can to keep Americans safe.”Patel was not the only intelligence official to make a revealing admission at the hearing. Defense Intelligence Agency Director James Adams also confirmed that his agency purchases commercially available information.



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Iran to play FIFA World Cup but ‘boycott’ US amid Donald Trump’s ‘safety’ warning | Football News


Iran to play FIFA World Cup but 'boycott' US amid Donald Trump's 'safety' warning
Iran’s players pose for a team photo at Azadi Stadium in Tehran, Iran (left) and US President Donald Trump receives the FIFA Peace Prize from FIFA president Gianni Infantino in Washington, Friday, Dec. 5, 2025. (AP Photo)

Iran Football Federation president Mehdi Taj said Iran will take part in the upcoming FIFA World Cup but intends to boycott the United States amid ongoing tensions.“We will be preparing for the World Cup. We will boycott the United States but not the World Cup,” Taj said in a video released by the Iranian press agency Fars News Agency on Wednesday, as cited by news agency AFP.Iran are currently scheduled to play their group-stage matches in the United States. However, the federation has started discussions with FIFA about the possibility of shifting those fixtures to another venue. FIFA has so far said that the tournament schedule remains unchanged.Mexican President Claudia Sheinbaum said on Tuesday that Mexico is ready to host Iran’s group matches if required. “Yes,” she said when asked about the possibility. “Mexico maintains diplomatic relations with every country in the world, therefore we will wait to see what FIFA decides.”Iran’s participation in the tournament, which will be held across the United States, Canada and Mexico, has come under focus since the conflict in the Middle East began last month. US President Donald Trump had earlier warned that the safety of Iranian players could be at risk if they travelled to the United States.Gianni Infantino had initially said that assurances were received from Trump that the Iranian team would be allowed to participate. Iran are scheduled to face New Zealand and Belgium in Los Angeles, followed by a match against Egypt in Seattle.However, Trump later said that Iran’s team should not travel to the tournament “for their own life and safety”, drawing strong reactions. Iran responded by stating that “no one can exclude Iran’s national team from the World Cup”.Iran had qualified for the tournament almost a year ago after topping their group, becoming the second Asian side after Japan to secure a place.The team’s base camp for the tournament is currently planned in Tucson, Arizona.Meanwhile, Abolfazl Pasandideh criticised “the US government’s lack of cooperation regarding visa issuance and the provision of logistical support” for the Iranian delegation in a statement released on Monday.If Iran eventually withdraws from the tournament, it is not yet known which team would replace them.

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Energy markets explode: Crude hits $114, gas jumps 35% after Iran targets Gulf fuel sites


Energy markets explode: Crude hits $114, gas jumps 35% after Iran targets Gulf fuel sites

Global oil and natural gas prices surged sharply on Thursday after Iran launched fresh strikes on key energy infrastructure across the Gulf, including Qatar’s main liquefied natural gas (LNG) facility, raising concerns over prolonged supply disruptions.Brent crude, the international benchmark, climbed close to $114 per barrel, up from below $73 on the eve of the conflict. US benchmark crude rose 1.1% to $96.45 per barrel, while US natural gas prices, tracked by the Henry Hub contract, gained 3.3%.

European gas prices spike up to 35%

European natural gas markets saw the sharpest reaction, with the Dutch TTF benchmark, the region’s key gas contract, surging as much as 35% to around 74 euros before trimming gains. It was still trading about 24% higher on the day, according to AP.The spike followed two waves of Iranian strikes that caused “extensive damage” at Ras Laffan in Qatar, the world’s largest LNG hub. The facility, which handles roughly one-fifth of global LNG supply, was forced to shut after a drone attack.The disruption has been compounded by the near closure of the Strait of Hormuz, a critical shipping route for oil and gas. With tanker traffic severely restricted, LNG shipments from Qatar have been halted, tightening global supply.

Supply disruptions raise inflation concerns

The latest escalation comes as Iran intensifies attacks on energy infrastructure in Gulf countries following earlier strikes on its own gas facilities in South Pars. In addition to Qatar, two oil refineries in Kuwait were also targeted, reported AP.The disruption to the Persian Gulf’s energy network, a key supplier to global markets, has heightened fears that the current energy shock could be prolonged, with lasting damage to production capacity.Analysts warn that sustained high oil and gas prices could trigger a fresh wave of global inflation, complicating economic recovery and monetary policy.

Global markets react; equities fall

Financial markets reacted negatively to the surge in energy prices. Asian equities declined sharply, tracking losses on Wall Street.Japan’s Nikkei 225 fell 3.4% after the Bank of Japan held its benchmark interest rate at 0.75%, citing geopolitical tensions. In its policy statement, the central bank said: “in the wake of increased tension in the Middle East, global financial and capital markets have been volatile and crude oil prices have risen significantly; future developments warrant attention.”South Korea’s Kospi dropped 2.7%, Hong Kong’s Hang Seng declined 2%, and China’s Shanghai Composite fell 1.6%. Australia’s S&P/ASX 200 lost 1.7%, while Taiwan’s Taiex slipped 1.9%. In India, the Sensex also fell 2.3%.“The combination of higher oil, rising U.S. yields, and a stronger dollar is acting as a macro wrecking ball across Asian assets and currencies,” Stephen Innes of SPI Asset Management, told AP.

Wall Street declines amid inflation, rate concerns

US markets had already closed lower on Wednesday, with the S&P 500 falling 1.4%, the Dow Jones Industrial Average down 1.6%, and the Nasdaq Composite slipping 1.5%.Investor sentiment has been weighed down by rising inflation risks and reduced expectations of interest rate cuts. A report showed US wholesale inflation accelerated to 3.4% last month, indicating price pressures were building even before the conflict escalated.Federal Reserve Chair Jerome Powell acknowledged the uncertainty around the outlook. “We just don’t know,” he said, referring to oil prices and the broader economic impact of tariffs.

Dollar strengthens as uncertainty rises

Currency markets reflected the shift in risk sentiment, with US Treasury yields rising and supporting the dollar. The US currency has strengthened against major peers since the conflict began, though it edged slightly lower to 159.71 yen in early trade. The euro was marginally higher at $1.1467.Rupee during the intra day trade also breached the 93 mark hitting the lowest against Dollar at 93.36.

Volatility likely to persist

With key energy infrastructure under attack and critical supply routes disrupted, markets are likely to remain volatile. The scale of damage to facilities such as Ras Laffan and the duration of shipping disruptions through the Strait of Hormuz will be crucial in determining the trajectory of oil and gas prices.If disruptions persist, analysts say the global economy could face sustained energy-driven inflation and tighter financial conditions in the months ahead.(With inputs from agencies)



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