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Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases

CNBC · May 11, 2026, 4:48 AM · Also reported by 4 other sources

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  • Indian Prime Minister Narendra Modi on Sunday urged citizens to curb fuel use, reduce overseas travel, and pause gold purchases, underscoring the severe impact of the Iran war on the economy.
  • Global fuel costs have surged, Modi said in a public address in the southern city of Hyderabad, appealing to Indians to use public transport, work from home, and carpool to conserve fuel.

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Indian Prime Minister Narendra Modi on Sunday urged citizens to curb fuel use, reduce overseas travel, and pause gold purchases, underscoring the severe impact of the Iran war on the economy.

Global fuel costs have surged, Modi said in a public address in the southern city of Hyderabad, appealing to Indians to use public transport, work from home, and carpool to conserve fuel.

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