Limited impact of higher oil prices on inflation till now: FM
- Posted on March 9, 2026
- By Financial Express
- 5 Views
Limited impact of higher oil prices on inflation till now: FM

Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers cut supplies and fears of prolonged shipping disruptions gripped the market due to expectations that the Iran war could last for months.