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Iran-US-Israel Conflict: India Faces Potential Price Hikes for Fuel, Gold, and More
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War Impact: Petrol, Gold, Airfares & More Could Get Costlier in India
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News18
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02-03-2026, 16:09
War Impact: Petrol, Gold, Airfares & More Could Get Costlier in India
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Escalating Iran-US-Israel conflict threatens global energy supplies and supply chains.
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Crude oil price surge could drive up petrol, diesel, and LPG costs in India.
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Airfares and travel expenses may increase due to longer routes and higher fuel/insurance premiums.
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Fertilizer and farm input prices could rise, leading to higher food inflation.
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Gold and silver prices are expected to climb as investors seek safe-haven assets amidst instability.
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