Beyond Crude Spike: Iran-Israel tension escalates – 3 macro factors to watch as Nomura spots a ‘silver lining’ for India
- Posted on March 2, 2026
- By Financial Express
- 5 Views
Beyond Crude Spike: Iran-Israel tension escalates – 3 macro factors to watch as Nomura spots a ‘silver lining’ for India

Escalating Iran-Israel tensions have heightened concerns over oil price volatility, inflation, the current account deficit, and pressure on the rupee in India, but Nomura Holdings sees a potential silver lining if sanctions on Iran are eased. Here’s why.