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GAS SHORTAGE FUELS INFLATION FEARS
Gas prices today June 18: Check daily average rates in California, Texas, Florida, New York, Washington and moreDrivers across America are experiencing lower fuel costs. Gasoline prices have dropped for three weeks straight. The national average now s...18 Jun, 2026, 02.09 PM IST- Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...17 Jun, 2026, 11.21 AM IST
- Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...16 Jun, 2026, 04.31 PM IST
- Global commodity prices likely to remain elevated amid easing West Asia tensions; India's WPI seen at 7-8% in FY27: ReportGlobal commodity prices will stay high in coming months. Geopolitical tensions in West Asia and bad weather affecting crops are the main re...16 Jun, 2026, 02.53 PM IST
- Cooling crude may ease inflation heat, give RBI room to stay on pause despite WPI surge: YES BankIndia's wholesale inflation is high, driven by fuel and manufacturing costs. However, falling global crude oil prices and a stable rupee of...16 Jun, 2026, 02.48 PM IST
- Morbi's ceramic Kilns blaze again as fuel supply crisis easesWith the dust settling from the Iran war, Morbi's ceramic industry has emerged from its hiatus, bringing workers back to the bustling facto...16 Jun, 2026, 01.00 AM IST
- New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 itemsIndia's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...16 Jun, 2026, 12.36 AM IST
- Weak monsoon threat looms; food inflation fears riseAgriculture, though smaller in output share, still employs 43% of India's workforce, making monsoon performance crucial for rural demand an...16 Jun, 2026, 12.30 AM IST
- WPI inflation surges to all-time high of 9.7% under new seriesIndia's wholesale inflation hit a record 9.7% in May. This marks the first reading under a new Wholesale Price Index series. Fuel and power...15 Jun, 2026, 02.16 PM IST
- India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...15 Jun, 2026, 01.37 PM IST
- Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...15 Jun, 2026, 08.11 AM IST
- Trump approval rating crashes to historic low among rural Americans, including those who voted for Republican PresidentTrump approval rating: U.S. President won rural voters by 40 points in the 2024 election, up from 31 points in the 2020 election and 25 poi...14 Jun, 2026, 09.58 PM IST
- No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh PuriSpeaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India drop...13 Jun, 2026, 08.30 PM IST
- Weak monsoon may drag agri GDP into contractionIndian agriculture is at a crossroads, facing significant hurdles in the coming years. Analysts project little to no growth for agricultura...13 Jun, 2026, 10.16 AM IST
- Supply curbs bulk buyers shut out of retail fuel networkThe government has restricted bulk diesel purchases from retail stations to 200 litres per customer and banned reselling to prevent diversi...13 Jun, 2026, 12.28 AM IST
- India's retail inflation quickens to 3.93% in May amid high food & fuel pricesIndia's retail inflation rose to 3.93% in May. Food and fuel prices increased, impacting consumer costs. This marks the highest inflation r...12 Jun, 2026, 04.33 PM IST
- Iran war puts Bangladesh’s nascent industrial dreams at riskBangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts...12 Jun, 2026, 11.40 AM IST
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