30% to 50% price hikes held in global countries...

USA has stopped strikes till April 6 but Israel's strikes is in contenum in the middle east. Pakistan is intervening but Teheran rejected 15 points of USA.
NATO countries want to atop Ukraine war and G-7 countries priortise their interest and security in the middle east conflicts.
2000 vessels couldn't able to complete their voyages due to free navigation through Hormuz.
All global countries faced hinders due to Hormuz block.Now globally essential commodities have been affected in large manner since 28th February 2026.
Crude price rose from 70USD per barrel to 122USD per barrel.
Price hikes on petroleum products from 30% to 50% have been overviewed among the global countries.
Iran sets mind for the friend countries those who have not acted as enmy. Now Iraq, china, India, Russia and Pakistan voyages will not be obstructed through Hormuz straits and will be allowed for free navigation on the black sea.
India though in fuel and energy crisis still then it has tailored excise duties for it's citizens. Government mkes rules time being for essential commodities.Government has made price corrections for petrol, disel. Similarly one gas per month per customer id vigor has been updated.
(source front line Media The MINT)
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Yet no concrete informations about middle east ceasefires and peace deal have not come to the media intellegence. But some islamic countries are in the way to bring peace by stopping war in the middle east gulf regions.
Iran praised India due to it's neutral stand and friendly deal. It also praises India's culture, democracy and peace attitude.

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