Ekonomi India

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Realistic illustration of Iran war's economic toll on India: rising oil prices, weakening rupee, fuel shortages, and loss of Indian lives.
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Iran war's 21 days bring 21 impacts on India

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The Iran war has completed 21 days, severely affecting India's economy, fuel prices, and supplies. Crude oil prices have risen from $70-73 to $108-110 per barrel, with the rupee hitting 93.70 against the dollar. Six Indians have been killed in West Asia amid the conflict.

Reserve Bank of India Governor Sanjay Malhotra said the central bank is in “wait and watch mode” amid uncertainties from the West Asia war, with second-round effects being the real concern. In a speech at Princeton University on April 18, he stressed preventing supply shocks from embedding in price levels through inflation expectations rather than demand compression. He highlighted India’s significant exposure to the region.

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Dengan minyak Brent yang sudah melewati $100 akibat serangan Iran sebelumnya dan masalah Selat Hormuz, ketegangan AS-Iran yang meningkat kini memunculkan kekhawatiran skenario terburuk harga minyak $200 per barel. Pasar saham India anjlok, paling memukul perusahaan minyak, di tengah risiko defisit yang lebih lebar, pelemahan rupiah, dan inflasi.

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