Tag: Iran War impact on India

A ceramics unit in Morbi. (ANI)
Posted in Business

Gas shortage hits ceramic hub in Gujarat’s Morbi as Iran war widens| Business News

The ceramic industry in Gujarat’s Morbi district is facing a looming production crisis as an escalating Iran war chokes the supply of essential natural gas….

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The Reserve Bank of India (RBI) is likely selling dollars in the forex market to prevent any further slide in rupee.
Posted in Business

RBI said to intervene as rupee slips past 92 per dollar amid escalating Iran war| Business News

The Reserve Bank of India has intervened in the forex market after Rupee slipped part the 92/Dollar mark for the first on Wednesday. The Reserve…

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Prime Minister Narendra Modi. As of January, the Middle East accounted for 55% of India’s crude oil imports, or roughly 2.74 million barrels per day.
Posted in Business

Crude shock for India as New Delhi emerges most vulnerable to Iran war| Business News

The Iran war has exposed a structural weakness in India’s economic engine—a precarious lack of oil buffers. As Israeli and US strikes on Iran effectively…

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Demonstrators set fire on an Israeli and a US flag during a protest against Israel and the US strikes on Iran, following the killing of Iran’s Supreme Leader Ayatollah Ali Khamenei, outside the Israeli consulate in Istanbul, Turkey, on Sunday, 1 March 2026. (Reuters)
Posted in Business

Crude oil prices jump 10% on Iran war, spike to $100/barrel seems certain| Business News

Brent crude jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that crude oil prices could…

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