US President Joe Biden has held crisis talks on a potential Iranian counterattack on Israel as his administration said it was working around the clock to avoid all-out war in the Middle East.
It was decided by the both sides during the 2nd India Japan Consultations on Middle East/ West Asia region which was held in New Delhi.
India at the United Nations has reiterated its call for an immediate and complete ceasefire in the Gaza Strip and called for the release of the hostages without any conditions.
This will enable UPI payment acceptance in Qatar through the QNB merchant network, benefiting Indian travellers visiting and transiting through the country.
UN Special Coordinator for the Middle East Peace Process, Tor Wennesland, has called for the resumption of negotiations between Israel and Hamas.
Markets are expected to consolidate in the near term as investors focus on Q4 earnings season.
Palestinian President Mahmoud Abbas said Saturday that solving the Palestinian issue will promote stability in the Middle East region.
Coming out with a strong condemnation of the Iranian drone strikes on Israel in reprisal for the earlier attack on its embassy in Syria, United Nations Secretary General Antonio Guterres called for an immediate cessation of hostilities on Sunday.
Oil prices steadied after falling sharply in the previous session, as concerns eased about shipping disruptions along the Red Sea route even as tensions in the Middle East continued to rise, media reports said.
The conversation delved into the sensitive topic of Taiwan, with Xi expressing concerns about it being the most significant and precarious issue in US-China relations.
