---
title: "India's record trade gap deepens as Middle East conflict fuels shortages"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286581572.md"
description: "India's trade deficit reached a record $28.38 billion in April, driven by increased crude imports and a weak rupee amid Middle East tensions. The conflict has led to aluminum shortages, affecting products like Diet Coke and pushing metal prices to four-year highs. Analysts predict U.S. inflation will continue to rise in May due to ongoing supply disruptions."
datetime: "2026-05-15T14:21:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286581572.md)
  - [en](https://longbridge.com/en/news/286581572.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286581572.md)
---

# India's record trade gap deepens as Middle East conflict fuels shortages

Trade gap surge: India's April trade deficit hit a record $28.38 billion, fueled by higher crude imports and a weak rupee amid Middle East tensions. Aluminum scarcity: Middle East conflict has choked aluminum supply, causing shortages of products like Diet Coke in India and pushing metal prices to four-year highs. Inflation outlook: Analysts and the Cleveland Fed expect U.S. inflation to rise further in May, with no near-term relief as supply disruptions persist.

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