Uruguayan Economy Minister Gabriel Oddone has confirmed that fuel prices in the country will increase again starting Friday, driven by rising international oil prices.

Germany’s Lufthansa has announced the cancellation of 20,000 short-haul flights until October due to a significant increase in jet fuel prices following the Iran–Iraq conflict.

The Wholesale Price Index (WPI)-linked inflation increased to 3.88 per cent in March, from 2.13 per cent in February 2026, the highest in 41 months, according to the data released by the Ministry of Commerce and Industry on Wednesday.

The European Commission wants to let countries unleash more public money to help businesses with fuel and fertiliser bills, ​it said on Monday, as governments race to offset the ‌economic shock from soaring prices triggered by the Iran war.

Germany’s coalition government has agreed on a €1.6 billion ($1.9 billion) package aimed at easing fuel prices for consumers and businesses, responding to rising energy costs linked to global supply disruptions.

Tanzania's energy regulator on Wednesday announced new cap prices for petroleum products amid escalating global supply disruptions linked to geopolitical tensions in the Middle East.

Unrest in Angola following protests against a fuel price hike has led to 22 deaths since Monday, according to the interior minister, though calm has since returned to the capital.

Inflation in the U.K. has risen to its highest level since March, fueled by an increase in fuel prices last month, according to official data released on Wednesday.