US-Israel-Iran war: What’s the impact on India? Explained in 5 points

2026-03-02 - 12:43

Ongoing US-Israel conflict with Iran is impacting India's economy, particularly through rising crude oil prices and potential trade disruptions. Policymakers are monitoring the situation, with immediate effects seen in energy costs and stock market declines. Broader consequences include inflation, current account deficit widening, and supply chain interruptions.