Indian Prime Minister Narendra Modi has significantly reduced the size of his motorcade to save fuel, according to a government source. The move comes amid surging global energy prices linked to the ongoing Iran conflict, which has increased economic pressure on India. Officials say the decision reflects broader austerity measures being encouraged by the government. […]
Iran conflict oil prices
Iran war pushes oil prices to post-COVID highs
Global crude oil prices surged to their highest levels since the COVID-19 pandemic following the Iran conflict. The Strait of Hormuz closure and attacks on oil installations triggered a sharp 30 percent price jump in a single day. The increase affects international energy markets and global trade stability. During trading, Brent crude reached $119.50 per […]