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The Economic Times

Top News / The Economic Times

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Oil shock could strain emerging markets beyond inflation, analysts say

Conflict in Iran is driving up oil prices. This surge will affect emerging markets significantly. Analysts warn of wider impacts on finances, currencies, and investment flows. Countries like Thailand, South Korea, and India face considerable risks. China's exposure is limited unless the shock escalates. Argentina, Sri Lanka, Pakistan, and Turkey are also at heightened risk.

3 Mar 2026 8:17 pm