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newsMay 11, 20261:28pending

Modi Urges Indians to Cut Back Amid Soaring Energy Prices

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Prime Minister Narendra Modi urges Indians to conserve energy amid soaring global prices, suggesting work-from-home, reduced gold purchases, and public transport use. He also advises farmers to cut fertilizer use. The move comes as India, a major oil importer, grapples with the impact of the US-Israel conflict with Iran, which blocked the Strait of Hormuz for over two months, driving up crude costs. Modis call for austerity, reminiscent of the Covid era, aims to protect Indias foreign reserves as the energy crisis persists.

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Modi Urges Indians to Cut Back Amid Soaring Energy Prices

Global News Today | 2 Min News | The Daily News Now!

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