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Global Oil Prices Stabilise, US‑Iran Tensions Remain Below Full Scale

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News Analysis IndiaReporter
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August 1, 2026
09:12 AM
Global Oil Prices Stabilise, US‑Iran Tensions Remain Below Full Scale

While the tension between the United States and Iran has not completely disappeared, Prasad said the international environment is gradually moving toward normalcy. He condemned the recent terrorist attack in Kulgam and praised the coordinated response of the Indian Army, Central Reserve Police Force and Jammu‑Kashmir Police, noting that terrorism is weakening but still attempts to assert its presence. With Independence Day approaching, security agencies must stay fully alert, and civilians are urged to follow all safety protocols to prevent any untoward incidents.

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