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The Economic Times

Economy / The Economic Times

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Israel-Iran war's 'Strait' fight can damage one of India's well-built firewalls

Israel-Iran conflict India impact: India confronts fresh economic risks as conflict in West Asia intensifies. The killing of Iran's Supreme Leader and subsequent retaliation have heightened fears of oil supply disruptions. This could lead to higher crude prices, impacting domestic inflation and the Indian Rupee. Policymakers are closely monitoring the situation, as the volatile geopolitical landscape introduces significant uncertainty for the nation's economy.

2 Mar 2026 9:24 am