India Faces Severe Economic Shock from Iran-Israel War: Oil Prices Surge, GDP Slows, Households Under Pressure By: Javid Amin | 26 March 2026 A War Far Away, But a Crisis at Home India may not be directly involved in the Iran-Israel conflict, but its economic shockwaves are hitting the country with surprising force. From rising fuel prices to weakening currency and growing uncertainty for millions of Indian families, the impact is both immediate and deep. As oil prices surge past $110 per barrel and critical shipping routes remain blocked, India—one…
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