The deaths of Indian seafarers amid escalating tensions in the Gulf region took center stage at the G7 Summit in France, where Prime Minister Narendra Modi called maritime security a shared international responsibility. Addressing world leaders during a high-level outreach session in Evian on Tuesday, Modi emphasized that disruptions in the Strait of Hormuz have not only claimed lives but also affected the global economy.

Maritime Safety Takes Global Stage

Speaking at the session themed “Forging New Partnerships and Renewing International Solidarity,” Modi said that Indian citizens had lost their lives in the recent conflict-linked incidents in the Gulf region. He stressed that seafarers play a vital role in connecting countries through international trade and deserve greater protection.

“We welcome the progress towards peace in West Asia. The conflict has resulted in the loss of life and property in friendly nations, while disruptions in maritime trade through the Strait of Hormuz have negatively impacted the global economy,” Modi said.

The remarks come days after three Indian sailors were confirmed dead following a strike-linked incident in the Gulf of Oman, raising concerns over the safety of thousands of Indian seafarers working across international shipping routes.

Modi-Trump Meeting Draws Attention

US President Donald Trump attended the same session and was seated alongside Prime Minister Modi. Before the meeting began, Trump stood up to greet the Indian leader, and the two exchanged a handshake before holding a brief conversation.

According to reports, both leaders are scheduled to hold bilateral talks focusing on trade, investment, tariffs, and strategic cooperation. The meeting is being closely watched as India and the United States seek to strengthen ties despite recent disagreements over trade policies and visa regulations.

Focus on Trust and Global Partnerships

During his address, Modi underlined the importance of trust in international relations. He told world leaders that although the world is more interconnected than ever, partnerships can only succeed when they are built on mutual confidence.

He said that the world currently faces a deficit of trust rather than a shortage of resources. Referring to India's diplomatic philosophy, Modi reiterated the country's belief in the concept of "One Earth, One Family, One Future" and argued that development partnerships should empower nations rather than create dependencies.

The Prime Minister also highlighted the aspirations of the Global South, stating that developing nations seek genuine partnerships and equal participation in global decision-making rather than temporary assistance.

Significance of the Strait of Hormuz

The Strait of Hormuz remains one of the world's most critical maritime chokepoints, handling a significant share of global oil and gas shipments. Any disruption in the region has immediate consequences for energy markets, shipping costs, and international trade.

For India, which imports a large portion of its crude oil requirements from the Gulf, stability in the region is of strategic importance. The safety of Indian seafarers working aboard merchant vessels has also emerged as a major concern amid continuing geopolitical tensions.

India's Expanding Global Role

Although India is not a member of the G7, it has been invited as a guest nation due to its growing economic and geopolitical influence. This year's summit marks Prime Minister Modi's seventh participation in the forum.

On the sidelines of the summit, Modi also met leaders from Canada, the United Kingdom, the United Arab Emirates, Egypt, South Korea, Japan, and Italy, discussing issues ranging from economic cooperation to regional security.

Israeli PM's Jordan Valley remarks spotlight how India moved from decades of pro-Palestine solidarity to one of Israel's closest partnerships in Asia

Netanyahu's Remarkable Tribute

Israeli Prime Minister Benjamin Netanyahu, speaking at a leadership programme in the Jordan Valley on Thursday, called India a "huge power" with "absolutely crazy love for Israel" — even as he acknowledged the Jewish state faces delegitimisation across much of the world.

"We are expanding our alliances and what you are talking about is expanding these alliances to a large space. And the larger space is really our unique relationship with a huge power called India," Netanyahu said. A video of the remarks was released by Israel's Government Press Office.

The words landed with weight. Not because praise between allied leaders is unusual, but because of how far India has travelled to reach this point.

From Nehru to Netanyahu

Post-Independence India was, for decades, among the most vocal champions of Palestinian self-determination. The ideological roots ran deep — Mahatma Gandhi had opposed the imposition of a Jewish state on Arab land as far back as 1938, framing it as an extension of colonial logic. Nehru, scarred by India's own Partition, voted against the UN's Palestine partition plan in 1947 and opposed Israel's admission to the UN in 1949.

India recognised the State of Palestine in 1988 — among the earliest countries to do so. Yasser Arafat enjoyed an almost fraternal relationship with Indian leadership through those years.

Yet even then, the story had a quieter subplot. Israel supplied military assistance to India during the 1962 war with China, the 1965 conflict with Pakistan, and again during the 1971 Bangladesh Liberation War. Covert intelligence cooperation reportedly predated formal ties by decades.

1992: The Quiet Opening

The Cold War's collapse forced a rethink. Economic liberalisation under Prime Minister PV Narasimha Rao brought India closer to Western markets and, simultaneously, to Israel. Full diplomatic relations were established in 1992 — a turning point that set the stage for everything that followed.

The 1999 Kargil War deepened the bond further. Israel reportedly supplied laser-guided bombs, surveillance drones and critical equipment on short notice, cementing a perception inside India's security establishment that Israel was a reliable partner when it mattered most.

Modi Changes the Optics Entirely

The shift became most visible after 2014. Earlier governments had quietly deepened ties with Israel while keeping the public posture tilted toward Palestine. Narendra Modi changed that calculus openly. In 2017, he became the first Indian prime minister to visit Israel — and notably, did not pair the trip with a Palestine stop, as his predecessors had done. He visited Ramallah separately in 2018.

Earlier this year, Modi made a second official visit to Israel, addressing the Knesset to a standing ovation and pledging "friendship, respect and partnership" with Israel at a time when its global standing has been under strain due to the Gaza war.

Ahead of that visit, Modi said India "deeply values its enduring friendship with Israel, built on trust, innovation, and a shared commitment to peace and progress."

Defence Ties: The Backbone

The strategic partnership is not simply rhetorical. India and Israel have significantly strengthened bilateral relations across defence, agriculture, water management, cybersecurity, healthcare, and emerging technologies. According to SIPRI data cited in earlier analyses, India accounted for roughly one-third of Israel's arms exports between 2020 and 2024 — drones, missile systems, radar technology, surveillance equipment.

October 7 and the Tone That Changed

The Hamas attack on Israel in October 2023 was another inflection point. Prime Minister Modi was among the first world leaders to characterise it as a "terrorist attack" and express solidarity with Israel. India's subsequent abstentions on UN resolutions calling for humanitarian ceasefires in Gaza drew attention globally — a marked departure from India's earlier posture of careful balance.

New Delhi has continued to formally support the two-state solution and Palestinian statehood. But the diplomatic signals have been unmistakable.

The Balance India Still Tries to Keep

The transformation does not mean India has abandoned its older ties. Gulf nations remain critical partners — for energy imports, Indian diaspora remittances, and investment. India maintains warm relations with Saudi Arabia, the UAE, and other Arab states, and cannot afford to be seen as wholly aligned with Israeli military policy in the region.

But Netanyahu's "crazy love" remark — offhand as it may have sounded — captures something real. He made the comment precisely while discussing Israel's need to expand international partnerships amid security challenges on multiple fronts. India's name came up first, and it did not come up accidentally.

The arc from Nehru's vote against Israel at the UN to Modi's address to the Knesset spans seven decades. It has been shaped by security pragmatism, ideological evolution, economic interests and geopolitical realism. Whatever India's official position on the conflict in Gaza, that arc tells its own story.

PM Modi Concludes UAE Visit, Departs for Netherlands After Key Deals

Prime Minister Narendra Modi wrapped up his brief but significant visit to the United Arab Emirates on Friday and departed for the Netherlands, the next leg of his multi-nation tour. UAE President Sheikh Mohamed bin Zayed Al Nahyan personally saw off the Prime Minister at the airport, reflecting the deep warmth and strategic closeness between the two countries.

The visit, though short, yielded concrete outcomes in energy, defence, and investment. Officials described it as highly productive, coming at a time when West Asia faces ongoing challenges and global energy markets remain sensitive.

According to the Ministry of External Affairs, Prime Minister Modi and President Sheikh Mohamed bin Zayed Al Nahyan held detailed bilateral discussions covering energy security, trade, investment flows, and the broader situation in West Asia. India and the UAE signed an agreement on the supply of Liquified Petroleum Gas (LPG), along with MoUs on strategic petroleum reserves, defence cooperation, and the development of a ship repair cluster at Vadinar in Gujarat.

Major Investment Announcement

The UAE announced a $5 billion investment commitment in Indian infrastructure, including stakes in RBL Bank and Sammaan Capital. This move is expected to further boost economic linkages between the two nations, which already enjoy a comprehensive strategic partnership.

PM Modi, who arrived in Abu Dhabi earlier, received a ceremonial welcome complete with a guard of honour. In a notable gesture, UAE Air Force F-16 fighter jets escorted the Prime Minister’s aircraft, a visible symbol of the respect extended to India and its leadership.

Regional Concerns and Solidarity

During the talks, Prime Minister Modi emphasised the need for the Strait of Hormuz to remain open and secure, noting that disruptions in West Asia affect global trade and energy flows. He reiterated India’s long-standing position favouring dialogue, diplomacy, and adherence to international law for resolving regional disputes. Modi also expressed solidarity with the UAE, stating that India stands “shoulder-to-shoulder” with the country in all situations.

The Prime Minister thanked the UAE leadership for its support to the Indian diaspora during difficult times and for condolences extended after a recent natural disaster in India. He described the UAE as feeling like his “second home,” underlining the people-to-people bonds that complement the strong government-level ties.

Local observers and former diplomats noted the timing of the visit as particularly important. Former Indian Ambassador Sanjay Sudhir told ANI that the engagement sends a strong signal of India’s support amid evolving dynamics in West Asia. The UAE’s recent decision to exit OPEC and its plan to ramp up crude oil production to 5 million barrels per day by 2027 are also expected to open new avenues for long-term energy cooperation with Indian firms.

Productive Outcomes

PM Modi later termed the visit “short but highly productive.” Among other exchanges, the UAE President presented a Cerebras chip to the Prime Minister, highlighting growing cooperation in advanced technology sectors as well.

The two sides finalised around seven key outcomes during the visit, spanning defence, energy, and economic domains. These agreements build on years of steadily deepening partnership, with the UAE being one of India’s most important partners in the Gulf region for trade, investment, and energy imports.

As Prime Minister Modi heads to the Netherlands to continue his tour, officials indicated that the momentum gained in the UAE would feed into broader diplomatic and economic engagements ahead. The developments are being closely watched by industry circles in both countries for their potential to create new opportunities in infrastructure, energy security, and strategic collaboration.

For millions of Indians with connections to the Gulf, such high-level visits also reinforce a sense of reassurance about the strong bilateral relationship that directly impacts diaspora welfare and economic opportunities.

India’s rupee slid past the 96-per-dollar mark for the first time on Friday, trading at a record low of 96.07, as a string of external shocks and investor flows put sustained pressure on the currency.

Rupee hits record low

The rupee hit 96.07 against the US dollar during Friday’s late-morning trade in Mumbai, according to exchange data. The local unit has weakened steadily since the start of 2026, with traders and analysts pointing to a mix of higher oil prices, geopolitical risk in West Asia, and a firming dollar as the main drivers.

Immediate market drivers

Brent crude rose above $107 a barrel this week, exacerbating India’s import bill at a time when the country relies on imports for more than 85% of its crude needs. “Higher crude means larger dollar outflows to pay for oil, and that pressure shows up in the rupee,” said a currency strategist at a private bank, speaking on condition of anonymity.

At the same time, tensions in West Asia — particularly heightened strain between the US, Israel and Iran — have raised fears of supply disruptions through the Strait of Hormuz. That geopolitical risk pushed investors toward the dollar as a safe haven, strengthening the Dollar Index to around the 99 mark this week. A stronger dollar typically weighs on Asian currencies, including the rupee.

Capital flows and domestic impact

Foreign institutional investors remained net sellers of Indian equities, with initial exchange reports showing heavy FII outflows this week. On Wednesday, FIIs reportedly sold more than ₹4,700 crore of stock, draining dollar liquidity from local markets and adding downward pressure on the rupee.

The currency weakness has immediate consumer-facing effects. Higher import costs mean petrol, diesel and many imported goods could become pricier, fuelling the risk of “imported inflation.” India’s Wholesale Price Index recently hit a multi-year high, and analysts warn that sustained currency weakness combined with rising energy costs could aggravate inflationary pressures into the coming months.

Ground-level cues

On the trading floor in Mumbai on Friday morning, dealers said demand for dollars was broad-based — from oil marketing companies covering import bills to corporates managing external debt payments and individuals buying foreign exchange for travel or education overseas. “We’re seeing more spot dollar demand compared with relief flows,” one dealer said.

Policy levers and reserves

India’s foreign exchange reserves provide a buffer, but economists note that interventions can be costly if pressures persist. The Reserve Bank of India (RBI) has in the past used its reserves and forward market operations to smooth sharp currency moves. Officials did not immediately comment on any intervention late Friday.

Analysts say much depends on global factors beyond India’s control: a sustained rise in crude, continued escalation in West Asia, or further tightening in US monetary policy would all keep the rupee under strain. Domestic economic indicators and RBI policy responses will shape market expectations as well.

Outlook and risk scenarios

Market experts warn the rupee could test the 100-per-dollar level if crude prices keep climbing and geopolitical tensions do not ease. “Reaching 100 is not inevitable, but it’s within the risk set if current trends persist,” said a macroeconomist at a Mumbai research firm.

For households and businesses, a prolonged weak rupee would increase costs for imported inputs — from fuel to electronics — and raise the rupee amount needed for overseas travel and education. Exporters could benefit from a weaker currency, but much depends on global demand conditions and whether exporters face higher input costs in dollars.

What to watch next

Traders will watch crude price moves, developments in West Asia, and US dollar strength for near-term direction. Domestically, RBI commentary and monthly macro data — including inflation prints and foreign exchange reserve updates — will be closely monitored for signs of policy shifts or intervention.

As the market digests this week’s developments, the rupee’s slide underscores how interconnected global geopolitics, commodity markets and capital flows have become for India’s external balance and price dynamics.

Tensions High as IRGC Threatens US Assets; Russia Offers Uranium Storage Deal

Tehran warns of 'decisive response' as Strait of Hormuz conflict escalates; Britain deploys HMS Dragon to support regional security.

The situation in the Persian Gulf has reached a boiling point today, with Iran’s Islamic Revolutionary Guard Corps (IRGC) issuing a direct warning to the United States. Following fresh hostilities, the IRGC naval command declared via social media that any further attacks on Iranian merchant vessels or tankers would be met with strikes against US military bases and ships. This comes as international navies, including the British Royal Navy, scramble to bolster presence in the Strait of Hormuz to protect vital trade routes.

Britain deploys warship to region

The British government has confirmed the deployment of the HMS Dragon to West Asia, marking a significant escalation in Western efforts to secure the waterway. Sources familiar with the matter indicate that the warship will join a multinational coalition aimed at ensuring the safe passage of merchant vessels through the strait. The French military has also confirmed that its nuclear-powered aircraft carrier, the Charles de Gaulle, is currently en route to the region, highlighting the global stakes involved in the crisis.

Diplomatic efforts remain stalled

Despite ongoing shuttle diplomacy, the path to a ceasefire remains treacherous. While the US and Iran have been working through mediators to draft a 30-day cessation of hostilities, the nuclear issue continues to serve as a major roadblock. Iran has signaled it will not compromise on its uranium enrichment program, a stance that has frustrated Washington.

Putin steps into nuclear fray

Adding a new layer to the complex negotiations, Russian President Vladimir Putin announced yesterday that Moscow is prepared to transport and store Iran’s stockpile of enriched uranium. Drawing on historical precedent from 2015, the Kremlin suggested this move could bridge the gap in the stalled US-Iran talks. However, the proposal faces significant hurdles, as previous US administrations have been wary of Moscow acting as the primary custodian for Iranian nuclear material.

Crisis hits global markets

The economic ripple effects of the Hormuz crisis are becoming increasingly visible on the ground. Brent crude has climbed to $103 per barrel, reflecting market anxiety over the potential for a prolonged blockade of one of the world’s most critical oil transit arteries. Simultaneously, digital infrastructure remains a point of contention, with Iranian officials recently discussing the potential to monetize submarine fiber-optic cables that carry over $10 trillion in daily global financial transactions through the strait.

Military posturing remains intense

On the ground, the military posture is becoming more aggressive. Iranian Navy Commander Shahram Irani confirmed Sunday that light, indigenously built submarines have been deployed to the seabed in a "trigger-ready" state. Meanwhile, the US Central Command reported that it has successfully prevented over 70 vessels linked to Iranian ports from transiting the area, effectively putting a chokehold on $13 billion in oil cargo. As regional powers continue to trade threats, the prospect of a lasting peace appears slim unless a breakthrough is achieved in the coming weeks.

India Urges Nationals To Exit Iran As US-Iran Ceasefire Takes Effect

Two-Week Truce Announced After Intense Diplomatic Push

India on Wednesday issued a fresh advisory for its nationals in Iran, strongly urging them to “expeditiously exit” the war-hit country even as the United States and Iran announced a conditional two-week ceasefire.

The Ministry of External Affairs advised Indian citizens to leave immediately, citing the unpredictable security situation. The advisory came shortly after US President Donald Trump announced a temporary halt to military strikes on Iran in exchange for Tehran reopening the strategic Strait of Hormuz.

Ceasefire Terms Announced By Trump

President Trump, in a post on his Truth Social platform, said he was willing to suspend bombings and attacks for two weeks if Iran immediately reopened the strait. Washington received a “10-point proposal” from Tehran, with most longstanding disputes already seeing broad agreement, Trump added.

Trump told AFP the United States had achieved a “total and complete victory” following the deal. He also noted that China played a role in bringing Iran to the negotiating table, ahead of his planned visit to Beijing in May.

Iran Confirms Safe Maritime Passage

Iran confirmed it would guarantee safe maritime passage through the Strait of Hormuz for two weeks, provided attacks are halted. Foreign Minister Abbas Araghchi said the arrangement would begin immediately and involve coordination with Iran’s armed forces.

Iran’s Supreme National Security Council added that negotiations with the US are set to begin Friday in Islamabad and will last for two weeks, with the possibility of extension by mutual consent.

India Issues Strong Advisory For Citizens

India’s fresh advisory marked a significant escalation in its travel warning. New Delhi has been closely monitoring the conflict, which has disrupted global energy supplies and triggered volatility in financial markets.

The government has been in touch with Indian nationals in Iran through its embassy in Tehran. Officials indicated that contingency plans are being reviewed to ensure safe evacuation if the situation deteriorates further.

Israel Backs Ceasefire But Excludes Lebanon

In a statement Wednesday, Israeli Prime Minister Benjamin Netanyahu’s office said Israel supports Trump’s decision to suspend strikes against Iran for two weeks. However, the deal does not cover the war with Hezbollah in Lebanon.

Netanyahu’s office said the ceasefire is subject to Iran immediately opening the Strait of Hormuz and stopping all attacks on the US, Israel and countries in the region. The statement said Israel also supports US efforts to ensure Iran no longer poses a nuclear or missile threat.

Global Reactions And Market Impact

Oil prices fell sharply following the announcement, with global benchmark Brent crude dropping about 13.6% to $94.50 a barrel. Indian benchmark indices soared, with the Sensex skyrocketing 2,700 points at opening.

The United Nations, European Union, and several countries including Germany, Japan, and Indonesia welcomed the truce. However, missile alerts continued in Israel and the UAE even after the announcement, indicating lingering tensions.

What Next For The Region

Negotiations are set to begin Friday in Islamabad, with Pakistan playing a key mediating role. The two-week window will be used to finalise and implement a broader deal.

Trump has said the United States “will be helping with the traffic buildup in the Strait of Hormuz” and that “big money will be made” as Iran can start its reconstruction process. The world now watches whether this temporary pause can lead to a lasting resolution in West Asia.

PM Modi Israel Visit 2026: Strategic Talks and Historic Address

The PM Modi Israel Visit 2026has begun with significant diplomatic and strategic importance. Prime Minister Narendra Modideparted for a two-day visit to Israel, marking his second trip to the country after his historic 2017 tour.

During this visit, Modi will become the first Indian Prime Minister to address the Knesset. However, his speech has sparked political controversy, as sections of the Israeli opposition have threatened to boycott the special parliamentary session.

The visit comes at a time of evolving geopolitical tensions in West Asia and ongoing negotiations over major India-Israel defence dealsand a proposed India-Israel FTA.

Opposition Boycott Over Knesset Address

The controversy surrounding Modi’s address stems from reports that Israel’s Chief Justice was not invited to the session. Opposition leader and former Prime Minister Yair Lapidhas urged Prime Minister Benjamin Netanyahuto intervene.

Lapid warned that excluding key institutions could result in a half-empty parliament during the address, potentially embarrassing India. Netanyahu, meanwhile, has described Modi as a “dear friend” and emphasized the importance of bilateral ties.

Major India-Israel Defence Deals in Focus

A central highlight of the PM Modi Israel Visit 2026is defence cooperation. Reports suggest that India may finalize deals worth up to $8.6 billion by 2026.

Key defence discussions include:

 Procurement of advanced Heron MK-2 MALE drones

 Precision-guided missile systems

 Possible technology sharing of Israel’s Iron Domeair defence system

Israeli officials have indicated openness to deeper defence collaboration, including manufacturing military equipment in India under joint ventures.

If finalized, these agreements could significantly boost India’s defence modernization and strengthen strategic autonomy.

Tribute at Yad Vashem and Presidential Talks

On February 26, Modi will visit Yad Vashem, Israel’s Holocaust memorial, to pay tribute to six million Jews killed during Nazi rule under Adolf Hitler.

He will then meet Israeli President Isaac Herzogto discuss regional stability, West Asian tensions, and global security challenges.

India-Israel FTA Talks Gain Momentum

The visit coincides with the first round of negotiations for the India-Israel FTA, which began in New Delhi on February 23 and continues through February 26.

Trade between the two nations reached $3.62 billion in FY 2024–25. The FTA aims to:

 Boost trade in goods and services

 Simplify customs procedures

 Strengthen intellectual property protections

 Improve business confidence for MSMEs

Experts believe the agreement could unlock new opportunities in technology, agriculture, and innovation sectors.

Timing Raises Strategic Questions

The timing of the PM Modi Israel Visit 2026has raised questions within India’s Parliamentary Standing Committee on External Affairs, chaired by Shashi Tharoor.

Concerns were expressed over rising tensions between the United States and Iran in West Asia. Foreign Secretary Vikram Misri clarified that security considerations are always factored into prime ministerial visits.

Why This Visit Matters Now

This visit reflects a major shift in India’s foreign policy. While India once opposed Israel’s creation in 1947 and voted against its UN membership in 1949, relations have dramatically evolved since full diplomatic ties were established in 1992.

Modi’s 2017 visit marked a turning point, and the PM Modi Israel Visit 2026further strengthens political, defence, and economic partnerships.

With defence modernization, FTA negotiations, and regional instability shaping the global landscape, this visit could redefine India-Israel strategic cooperation for the coming decade.

As Modi addresses the Knesset and engages in high-level defence and trade discussions, the outcomes of this visit may significantly influence India’s strategic positioning in West Asia and beyond.