Wed Jun 25 10:30:00 UTC 2025: Here’s a news article summarizing the provided text from The Economic Times:

**Global Tensions Rise as Iran Attacks US Air Bases, Oil Prices Spike**

**New Delhi:** The Economic Times is tracking a volatile global situation with escalating tensions between Iran and the United States following Iranian missile strikes on US Air Bases. The attacks prompted immediate reactions, including criticism from Jeffries directed at former President Trump. Fears of a wider conflict are spiking oil prices and sending tremors through the Sensex (Indian stock market index).

**Key Developments:**

* **Iran-US Conflict:** Iran launched missile attacks on US Air Bases, drawing strong reactions globally. The situation has led to fears of a larger war, impacting financial markets.
* **Oil Market Volatility:** The escalating conflict is causing significant fluctuations in oil prices.
* **Market Impact:** The Sensex is under pressure due to war fears, reflecting investor anxiety.
* **Economic Analysis:** The Economic Times is providing in-depth analysis on a range of economic issues, including the potential impact of Adani’s US indictment on India Inc’s overseas fundraising. Veteran Indian companies like Reliance and L&T are reportedly on an acquisition spree.
* **Technology and Business Trends:** Huawei’s launch of its own OS to rival Google and Apple is being closely watched. The report covers the challenges for bike taxi services like Rapido, Uber, and Ola and problems with lab-grown diamonds.
* **Market Analysis:** The Economic Times highlights KPIT Technologies’ rally and provides stock recommendations. Articles on stocks like momentum stocks, buy low/sell high stocks and stocks with good fundamentals are covered.
* **ET Prime:** Subscribers to The Economic Times Prime gain access to in-depth analysis, the ePaper, and exclusive content, including expert Q&A sessions and premium subscriptions.
* **Global Issues:** The publication addresses key global questions, such as whether China’s dollar bond sale in Saudi Arabia will eclipse the US in the financial world and discusses Trump’s policies on H-1B visas affecting Indian workers in the US.

The Economic Times continues to provide comprehensive coverage of business, finance, and geopolitical events as they unfold.

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