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Price of basic goods rising in West
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Here are Press TV's latest top stories at 16:00 GMT on July 29, 2026

POLITICS
Oil prices hike as Israelis attack deeper into Lebanon
The price of oil rises as Israeli occupation forces move deeper into Lebanon despite a ceasefire that has been in place for more than six weeks.
POLITICS
Iran warns US, Israel will pay price for naval blocakde, Lebanon carnage
The Iranian Parliament speaker warns the US over ceasefire violations in Lebanon, saying support for Israel's actions will have consequences.

ENERGY
Iran raises gasoline price but retains subsidized quotas
Iran raises the price of free gasoline by over 60% while keeping monthly fuel quotas for most motorists.

ENERGY
Top Russian energy officials in Tehran for gas deal talks
Russia’s energy minister and CEO of state gas firm Gazprom hold talks with Iran’s oil minister in Tehran.

ENERGY
Iran, Russia will soon finalize price issues on gas deal: Envoy
Iran’s envoy to Russia says delegations from the two countries are to hold price talks on gas supply deal.

FOREIGN POLICY
Trump’s tariffs spark fears of price hikes, product shortages in US: Report
Anti-China tariffs put in place by the Trump administration have sent jitters into the US retail market, triggering fears of product shortages and price hikes.




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