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Inflation News

A shopkeeper waits for customers in Tehran, Iran amidst economic struggles.

‘Limited options’ for many Iranians as war with US chokes economy

TEHRAN, Iran – The streets of Tehran buzz with an undercurrent of desperation. Months of intense conflict with the United States, coupled with a suffocating naval blockade, have plunged the…

By Articles Infos | August 16, 2026

Oil prices hit $100 for the first time since May

Global oil prices have, for the first time since May, shattered the $100-a-barrel mark, a dramatic surge igniting renewed anxieties over the…

05:31 AM | Jul 24, 2026
A vehicle being refueled at a Shell petrol station in Palo Alto, California, US.

Canada’s inflation hits 29-month high amid heightened oil prices

The specter of rising prices looms large over Canadian households, as Canadian inflation soared to an alarming 29-month high in May, reaching…

10:31 PM | Jun 22, 2026
Bank of Canada building in Ottawa amidst reports of rising inflation driven by oil prices

Navigating India’s Economic Crisis: A Call for Structural Reforms and Consumer Resilience | News18

A recent animated debate among financial pundits has spotlighted India’s Economic Crisis, revealing a complex web of challenges threatening the nation’s stability.…

09:30 PM | May 16, 2026
Image depicting India's economic challenges with graphs and currency symbols

Bank of Canada holds interest rate steady as Iran energy shock drags on

OTTAWA – In a widely anticipated move, the Bank of Canada announced Wednesday it would maintain its benchmark interest rate at 2.25…

07:31 PM | Apr 29, 2026
Bank of Canada holds interest rate steady amidst global economic volatility and energy shocks from the Iran war.

What happens if oil breaches US$150 a barrel? BMO report lays out warning

The global economy braces for a potential seismic shift. Economists are issuing stark warnings: should Brent crude, the international benchmark for oil,…

02:00 PM | Apr 06, 2026
Economists warn that if oil prices hit US$150 a barrel, both Canadian and U.S. consumers face a mild economic downturn. A BMO report details the severe impact.