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The Economic Times

Economy / The Economic Times

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'West Asia tensions may impact economy and trade': Rajnath Singh

Defence minister Rajnath Singh described the West Asia geopolitical situation as highly unusual. He warned of adverse impacts on the global economy and trade. The Strait of Hormuz and Persian Gulf are strategically vital for energy security. Disruptions there affect oil and gas supplies. This will lead to supply chain issues in other sectors.

7 Mar 2026 12:16 am