The US-Iran tentative deal to end their 107-day conflict and reopen the Strait of Hormuz could at once boost India’s economic sentiments, ease an already evident pressure on the fisc, avert an emergent balance of payments problem, and help the rupee to hold against the dollar, economists said. If supply chain normalises fast and let prices of key commodities decline like oil and LNG decline, the Reserve bank of India may opt for a moderate upward revision of its GDP estimate of 6.6% for the current fiscal year, many of them felt. However, they cautioned that things were still unfolding.