The Iran War Brings More Inflation and New Strength to the Yuan

India Raises Fuel Prices For The First Time In Four Years Submitted by Irina Slav of OilPrice.com Indian state refiners raised their retail prices for gasoline and diesel by the equivalent of $0.031 per liter in response to tighter crude oil availability. This is the first fuel price hike in India in four years, Bloomberg noted in a report on the news. The hike amounts to over 3% and was necessitated by the global crude oil price surge that resulted in losses for India’s refiners. Still, New Delhi put off the price...

NBC News reports that multiple US officials have revealed Iran had caused “unprecedented damage” to US intelligence gathering facilities across the Middle East.  “Iranian missile and drone attacks have inflicted damage on US intelligence posts and surveillance hardware in the [region] that is more extensive than any destruction [US] spy agencies have endured,” the outlet […]

Sea Change: 'Very Unfavorable' Views of Israel Triple Among US Adults Amid a major war on Iran waged in partnership with the United States, Israel's reputation among Americans has continued to deteriorate, with 60% of US adults viewing Israel unfavorably. That's a hefty 18-point increase from 2022, according to a new survey from Pew Research. Over the same stretch, Israel's "favorable" share cratered by 18 points.   While the top-line unfavorable rating is bad news for Israel, things are even worse when you look under the hood: The proportion of Americans who have a...