Prime Minister Narendra Modi on Monday warned that the ongoing conflict in West Asia is beginning to exert visible pressure on India’s economy, with rising oil prices, disrupted fertilizer supplies …
Energy
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Global Energy System Under Strain as Hormuz Risks Expose Supply Fragility: IGU Chief
by R. Suryamurthy 4 minutes readThe Secretary General of the International Gas Union (IGU) has called for urgent global action to safeguard energy flows, warning that mounting disruptions around the Strait of Hormuz are exposing …
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Between Sanctions and Supply: India’s Strategic Autonomy Tested in Oil Markets
by R. Suryamurthy 8 minutes readA temporary waiver issued by the U.S. Department of the Treasury permitting limited transactions involving Russian oil shipments to India has triggered fresh uncertainty across global energy markets, raising deeper …
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Oil, Inflation and the Rupee: The Economic Fallout of the West Asia Conflict
by R. Suryamurthy 7 minutes readAs military tensions escalate across West Asia, economists and market strategists are warning that the real shock may be economic rather than military. A sustained disruption to oil flows through …
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IMF’s Dan Katz Warns Middle East Escalation Could Impact Global Economy, While AI and Shifting Trade Links Shape 2026 Outlook
by T. Vishnudatta Jayaraman 10 minutes readThe recent escalation in the Middle East could significantly influence the global economy, although the scale of the impact remains uncertain, International Monetary Fund (IMF) First Deputy Managing Director Dan …
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Iran War Raises Energy, Trade and Inflation Risks for India and South Asia
by R. Suryamurthy 8 minutes readA fast-escalating war in West Asia—now involving direct military confrontation between the United States, Israel and Iran—has emerged as the most serious geopolitical shock to the global economy since the …