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The Economic Times

Economy / The Economic Times

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West Asia on the boil: Indian refiners brace for oil price shock, eye backup plan

Industry executives said the scale and stated objectives of the latest US action appear far broader than last year's flare-ups, raising the risk of a prolonged conflict. The consequences this time could be far more significant, one executive said, warning that sustained tensions could drive oil prices higher and keep them elevated for longer.

1 Mar 2026 12:14 am