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