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India Caps Diesel at 200L Per Day, Bars Commercial Buyers June 14
India caps diesel at 200 liters daily and bans commercial buyers from retail pumps to prevent shortages amid Middle East supply disruptions.
Bank of Canada Holds Rates at 2.25%, Warns of Inflation Risk, June 13
Bank of Canada holds policy rate at 2.25% amid weak growth and rising inflation concerns.
S&P 500 Rises 0.5% as Inflation Spike Threatens Rate Hikes, June 13
S&P 500 rises 0.5% as inflation hits 4.2% and rate hikes loom. Oil volatile on Iran peace talks; tech faces valuation pressure.
India Caps Diesel Sales at 200L, Bars Bulk Buyers From Pumps June 13
India restricts bulk fuel purchases at retail pumps for 90 days, capping diesel sales at 200 litres daily per customer to prevent hoarding.
India Protests US Navy Strikes That Killed 3 Sailors, June 13
India protests US Navy strikes that killed three Indian sailors near Oman in Strait of Hormuz. Foreign Minister demands explanation.
Bank of Japan Raises Rates to 1%, Highest Level Since 1995, June 13
Bank of Japan raises policy rate to 1.0% on June 16—highest since 1995—amid inflation pressures from energy crisis and global monetary tightening.
DAX Index Rises 0.23% on Iran Peace Deal Hopes, June 13
DAX rises 0.23% on Iran ceasefire hopes as oil falls below $90. Germany’s 2026 growth forecast cut to 0.5% amid geopolitical risks.
Carl’s Jr. Franchisee Closes 10 Restaurants, Sells 49 After Bankruptcy, June 13
Carl’s Jr. franchisee files Chapter 11 bankruptcy, plans to close 10 locations and sell 49 others in California amid rising labor costs.
Dollar-Yen Hits 160.59 as BOJ Prepares 1% Rate Hike, June 13
Dollar-yen rises to 160.59 as BOJ prepares 1% rate hike while FOMC holds steady. Geopolitical easing supports yen. Watch central bank messaging.