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Global Fuel Prices Rise Amid Middle East Tensions

Fuel prices are increasing globally, with gasoline returning to $4 per gallon in the US and hikes reported in the Balkans and Asia, largely attributed to renewed tensions in the Middle East.

20 Jul, 02:59 — 20 Jul, 12:54
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Lithuania1Serbia1Ghana1India1US1Poland1Philippines1

Sources

Showing 4 of 7 sources
cnbcMostly Factual4d ago

U.S. Treasury yields edge higher as Wall Street monitors Middle East tensions

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose over 1 basis point to 4.558%.

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Times of IndiaMostly Factual4d ago

US fuel prices rise: Gasoline returns to $4 per gallon after Middle East flare-up

Average petrol prices in the United States have now reached four dollars per gallon. This increase follows recent flare-ups and rising tensions in the Middle East region. Motorists in several states have been paying more than four dollars for some time. Crude oil prices have risen, impacting global fuel costs significantly. Higher fuel expenses may affect grocery prices and voter concerns during elections.

By TOI BUSINESS DESK

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RapplerMostly Factual5d ago

Big fuel price hike set for July 21 as Middle East tensions flare again

It's a double-digit price increase per liter for diesel and kerosene for July 21 to 27

By Lance Spencer Yu

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myjoyonlineMixed4d ago

BoG warns global oil price volatility could heighten inflation risks for Ghana

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has warned that renewed tensions in the Middle East and rising global oil prices could pose fresh inflation risks for Ghana, as the Monetary Policy Committee begins deliberations on the country’s monetary policy stance. Speaking at the opening of the 131st MPC meeting, Dr. […]

By Lawrence Segbefia

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