Analysis: India and China Face Economic Damage from Iran War, Gloomy Market Prospects
An analysis explores the significant economic damage India and China could face from a US-Iran war, particularly concerning oil and energy imports and disruptions to the Strait of Hormuz, with Indian markets facing gloomy prospects even after the conflict concludes.
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Indian markets face gloomy prospects even after Iran war ends
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Read full article →Fragile footing: How India, China face sizeable economic damage from US-Iran war
What does this latest disruption mean for the growth prospects of Asian economies that are in large part dependent on oil and energy imports. Since the start of the Middle East conflict, passage of ships through the Strait of Hormuz has been curtailed.
By SMRITI JAIN
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