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The Times of India

Business / The Times of India

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Middle East on edge: What does it mean for Indian oil markets?

Escalating Middle East tensions are significantly impacting India's oil imports, with crude prices surging due to concerns over the Strait of Hormuz. This could lead to higher inflation and increased costs for everyday products. Experts warn of potential price hikes and widening deficits, urging investors to prepare for a volatile market.

2 Mar 2026 3:24 pm