Iran-Israel Conflict: A Middle East flashpoint that Indian economy can’t ignore

  • Posted on June 13, 2025
  • By Business News Today
  • 1 Views
Iran-Israel Conflict: A Middle East flashpoint that Indian economy can’t ignore

Israel-Iran Conflict: India's economy faces challenges in 2025. The Israel-Iran war pushes global crude oil prices higher. This threatens the Indian rupee and increases inflation. India, a major crude oil importer, is highly vulnerable. Rising oil prices may widen the current account deficit. The Reserve Bank of India may postpone rate cuts. The government might consider cutting excise duties on fuel.
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