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Gita Gopinath warns of oil shock if West Asia war drags
short by / on Thursday, 4 June, 2026
Top economist Gita Gopinath warned that a prolonged West Asia conflict could push oil prices to $120-$140 per barrel, hurting global growth and increasing economic risks. She said markets may be underestimating the danger of a longer war. Gopinath also backed RBI's handling of the rupee and stressed targeted support for vulnerable households.
read more at Asianet Newsable