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The high oil prices have a direct impact on inflation in India, one of the largest importers of the commodity.

Oil prices fell amid comments from U.S. Federal Reserve officials about rising interest rates and their effect on the economy.

Protests have swept Iran since Mahsa Amini, a 22-year-old from Iran's Kurdish region, died on Sept. 16 while being held for "inappropriate attire", marking one of the boldest challenges to the Islamic Republic since the 1979 revolution.

World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of global recession and said inflation remained a continuing problem.

Japan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.

Many petrol stations started running out of fuel over the weekend as imports slowed and national supplies dropped, leading to lines of cars stretching kilometres in some places, causing bad traffic in Tunisian cities.

Under the collaboration, Honeywell will work with Supernal, Hyundai's U.S.-based eVTOL firm, to explore integration of the aerospace supplier's 'Anthem' flight deck into the air taxis, which are slated to enter commercial service in 2028.

Ukraine has started restricting electricity supplies across the country after Russia knocked out more power plants.