Indisk ekonomi
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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Med Brent-oljan redan över 100 dollar på grund av tidigare iranska attacker och problem i Hormuzsundet väcker eskalerande USA-Iran-spänningar nu farhågor om värsta scenariot med oljepriser på 200 dollar per fat. Indiens börser har rasat och drabbat oljebolagen hårdast, i takt med risker för större underskott, svagare rupie och inflation.