US-Iran conflict raises inflation risks: How it could impact your daily expenses, EMIs, investments by Live mint | May 20, 2026 8:15 am | Indian Stocks, Market, News The ongoing US-Iran conflict is driving inflation risks in India, with rising energy costs affecting everyday expenses and investment returns. In April 2026, Consumer Price Index (CPI)-based inflation stood at 3.48%- a 13-month high.