Devika Krishna Kumar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- Around the world, people are already living through the havoc brought on by global temperatures that are breaking records. It’s about to get a lot worse. Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWarning Signals Are Flashing for Homeowners in Texas and FloridaInsurers Sink as UnitedHealth Sees ‘Disturbance’ in MedicaidAmerican Air Fired Commercial Head After Sales Strategy A

(Bloomberg) -- From silver and gold to natural gas and orange juice, commodities are on a tear — with a gauge of major raw materials showing a steady march upwards. Meanwhile, copper markets are in upheaval following a short squeeze in New York. And Middle East conflicts continue to disrupt the flows of liquefied natural gas while driving up shipping costs.Most Read from BloombergIran’s President Missing After Helicopter Crash in Dense FogEven If Alito Is Right, the Upside-Down Flag Was WrongGan

(Bloomberg) -- At no stage this week did crude futures trade higher than where they were last Friday, before Iran’s attack on Israel. Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to Them‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranAnd while prices jumped again this Friday after reports that Israel had s

The possibility of US$100 is becoming more of a reality, intensifying U.S. fears for a commodity-driven resurgence of inflation. Read more.

Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue. Increases in the two most-consumed fuels are outpacing those for crude oil…