Indian cities are experiencing gas supply shortages due to the ongoing Middle East conflict, leading to price surges for domestic and commercial LPG. Several sectors, including fertilizers, restaurants, and tile manufacturers, are directly impacted as supply constraints worsen. The government has issued new regulations to prioritize essential gas supplies amidst the crisis.
US 10-year Treasury yield tops 19-month high as oil prices fuel rate-hike bets
US Treasury yields rose significantly, with the 10-year rate exceeding 4.75 percent. Rising oil prices and persistent inflation fueled expectations of a Federal Reserve rate
August 31, 2026