Experts have said that inflation is set to remain elevated over the coming months, particularly if global oil prices continue to spike.

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Asian shares are mixed and oil prices slid after the escalating Iran-Israel crisis

Asian shares were mixed and oil prices slid Wednesday as investors calmed from the jitters of conflict in the Middle East.

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Israel-Iran conflict pushes crude oil prices higher; here’s how aviation, paint, oil stocks reacted

Shares of airline companies - Spicejet and IndiGo parent Interglobe Aviation - fell up to 1% today amid concerns that a rise in crude prices would propel aviation turbine fuel (ATF) higher. The ATF is ...

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Surge in crude prices poses risk to India’s current account deficit: Report

Amid rising global crude prices, India’s current account deficit (CAD) for FY25 faces an upward risk, as every $10 per barrel increase in oil prices can worsen the annual CAD by nearly $15 billion, ...

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Japanese refinery Taiyo Oil shifts crude purchases to U.S. and Asia to offset Middle East risk

Takahiro Yamamoto, President & CEO of Taiyo Oil says oil price increase and supply disruption could have material impact on its business given 30-40% of its crude import comes from the Middle East ...

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