#Oil Prices

Business

As Conflict Stalls Supply, OPEC+ Struggles to Tame Soaring Oil Prices

As the Iran conflict shuts the Strait of Hormuz, OPEC+ struggles to lower oil prices despite production quota pledges, raising fears of global economic instability.

By PoliticalPedia Editorial Desk · 12 hours ago

Business

RBI Policy Shift: West Asia War, Oil and El Nino Risks Push RBI MPC to Raise FY Inflation Forecast to 5.1%

The RBI has raised its FY27 inflation forecast to 5.1% due to the West Asia war and rising oil prices. The MPC maintains a neutral stance amid economic uncertainty.

By PoliticalPedia Editorial Desk · 2 days ago