The United States has seized another oil tanker linked to Iran in the Indian Ocean.

Indian shares rose in early trade on Thursday, tracking gains across Asian peers, as optimism around a possible peace deal between the United States and Iran pushed oil prices lower and strengthened risk appetite among investors.

Indian stock markets opened strongly in the green on Wednesday, buoyed by the two-week ceasefire between the US and Iran, along with a sharp drop in oil prices.

Indian pharmaceutical stocks dropped sharply on Friday after U.S. President Donald Trump announced a 100% tariff on branded and patented drugs, effective October 1.

New satellite imagery shows the USS Carl Vinson entering the Indian Ocean through the Malacca Straits, marking a significant increase in the U.S. military's presence in the region.

As the US continues airstrikes against Yemen’s Houthis, an AP analysis of satellite photos shows the American military has moved at least four long-range stealth B-2 bombers to Diego Garcia in the Indian Ocean — a base far outside of the range of the Iran-backed group — in a move that avoids using allies’ Mideast bases.

India is ramping up its military presence in the Indian Ocean, building stronger partnerships not only with QUAD members—Australia, Japan, and the U.S.—but also with NATO countries. This surge in activity reflects a shift in global strategy, as nations band together to secure regional waters and counter China’s growing influence, News.Az reports.

Yemeni forces launched missile and drone strikes on two ships in the Red Sea and the Indian Ocean, according to the military spokesman, Brigadier General Yahya Saree.

The UK has officially announced the relinquishment of sovereignty over a remote but strategically significant cluster of islands in the Indian Ocean after more than half a century.