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Daily Life In Kashmir

Women walk past a billboard featuring the portraits of (right to left) Iran's new Supreme Leader Ayatollah Mojtaba Khamenei, the late Supreme Leader Ayatollah Ali Khamenei, and the late Supreme Leader Ayatollah Ruhollah Khomeini, in Srinagar, Jammu and Kashmir, on April 20, 2026. Tensions in the Middle East have increased volatility in global oil, gas, and petroleum markets, with crude prices rising sharply due to concerns over potential disruptions in the Strait of Hormuz. Gold prices have also remained volatile as investors react to geopolitical risks, inflation expectations, and a stronger United States dollar. Global stock markets have faced pressure, while shipping, insurance, and transport costs have risen across key trade routes. These developments have added uncertainty to the international economy and heightened regional security tensions. Iran has announced it will not participate in a second round of peace talks in Pakistan with the United States this week, citing America's demands and the ongoing naval blockade in the Gulf. Meanwhile, former President Trump has warned that Iran must agree to a deal and threatened to target key infrastructure if negotiations fail. (Photo by Firdous Nazir/NurPhoto)

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