Prolonged US-Iran Tensions May Push India's Crude Basket Above $75/bbl, Raise Inflation Risks: Experts
10 Articles
10 Articles
The simulations of Mes indicate that, in such a serious scenario, in which both shocks occur simultaneously, the euro area could enter slightly negative territory, while inflation could reach almost 5% by the end of the year
US-Iran tensions rattle India's consumer firms as fears of higher oil prices return
Renewed hostilities in West Asia after the collapse of the US-Iran peace deal sent FMCG stocks lower and rekindled concerns over inflation, input costs and consumer demand just as companies were banking on a recovery.
The Economic Times
Times of IndiaProlonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: Experts
Market experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion supply disruptions, reducing vulnerability to shocks. However, prolonged conflict may push India's crude basket beyond $75 per barrel. Higher crude prices could create near-term macroeconomic pressures and inflation risks.
Prolonged US-Iran Tensions May Push India's Crude Basket Above USD 75/bbl, Raise Inflation Risks: Experts
Get latest articles and stories on Business at LatestLY. Market experts and economists have cautioned that a prolonged US-Iran standoff could push India's crude oil import basket well beyond USD 75 per barrel, raising the country's import bill, stoking inflationary pressures and weighing on the current account, even as India's diversified sourcing strategy is expected to cushion supply disruptions. Business News | Prolonged US-Iran Tensions May …
Prolonged US-Iran tensions may push Indias crude basket above USD 75/bbl, raise inflation risks: Experts - The Tribune
Market experts and economists have cautioned that a prolonged US-Iran standoff could push India's crude oil import basket well beyond USD 75 per barrel, raising the country's import bill, stoking inflationary pressures and weighing on the current account, even as India's diversified sourcing strategy is expected to cushion supply disruptions.
Petrol and Diesel Prices Increased in Pakistan
The prices of petrol and high-speed diesel (HSD) will go higher tonight after renewed US-Iran tensions created panic in the international oil market, sources informed ProPakistani a short while ago. The uncertainty in global crude prices has created panic in the market after the fragile US-Iran ceasefire abruptly ended a few days ago. At the time of press, Brent was trading at $75 per barrel. Petrol will rise by nearly Rs. 13/litre to Rs. 310 pe…
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