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    GASOLINE PRICES

    Oil prices fall a second day as Trump indicates possible Iran peace deal

    Brent crude futures for July fell $1.52, or 1.38%, to $108.35 per barrel as of 0103 GMT, after dropping 4% in the previous session. U.S. benchmark ⁠West Texas ⁠Intermediate futures for June declined $1.50, or 1.47%, to $100.77, after closing down 3.9% the day before.

    Gasoline Price jumps 50 per cent in US after Iran war. When will it go down?

    Gasoline price: Many drivers were hopeful in mid-April, amid signs that the conflict could be winding down, and gasoline prices fell daily for almost two weeks.

    Oil price crashes after Donald Trump makes shocking Strait of Hormuz decision

    Oil Price today: Crude stocks fell by 8.1 ⁠million barrels in the week ended May 1, the sources said on condition of anonymity.

    US services activity cools as cost pressures remain: survey

    US services sector activity slowed in April. Higher energy costs, driven by Middle East conflict, are impacting the global economy. The prices index remained high, with diesel, gasoline, and oil prices increasing. Construction sector buyers face affordability challenges due to interest rates, inflation, and oil supply issues. Discounts and rate buy-downs are now key to sales.

    Harley-Davidson bets on affordable models, dealer network in latest turnaround effort

    Harley-Davidson is launching a new plan called 'Back to the Bricks'. This strategy focuses on making more affordable motorcycles and strengthening its dealer network. The company aims for significant profit growth and cost reductions by 2027. New models like the Sprint and revived Sportster are planned. This move comes as economic pressures affect consumer spending on big-ticket items.

    India's retail car sales hit record in April, but Mideast crisis clouds outlook

    Indian car sales reached an all-time high in April. Passenger vehicle sales saw a significant jump. This growth was driven by rate cuts, easier financing, and strong demand from rural areas. However, concerns about Middle East tensions and rising fuel prices may affect demand in the coming months. Dealers are monitoring inventory levels and urging caution from manufacturers.

    The Economic Times
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