07-March-2026
Corporate News
 
West Asia conflict could hit economy at many levels: GTRI
06-Mar-2026

The West Asia conflict could widen into a broader supply shock for the Indian economy as it depends on large imports of oil, gas, fertilizers and industrial raw material from the region, according to a study by trade policy think tank Global Trade Research Initiative (GTRI). The most immediate vulnerability lies in petroleum. In 2025, India imported about $70bn worth of petroleum crude and products from West Asia.

News Source:- https://www.financialexpress.com/policy/economy/west-asia-conflict-could-hit-economy-at-many-levels-gtri/4163551/
 
 
 

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