ndia is unlikely to face any significant economic fallout from the renewed Iran-US tensions as the risk of a severe El Niño-induced drought has eased, energy supplies have become more diversified beyond the Strait of Hormuz, and the country has built resilience to manage external disruptions, a top government official told FE. While discounts on Russian crude may narrow, India is expected to sustain economic growth and mitigate fiscal pressures with adequate access to oil supplies, the person said, requesting anonymity.