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Prolonged Middle East war could slow down India's growth: Report
short by Pravel Jain / on Saturday, 7 March, 2026
A prolonged Middle East war and supply chain disruptions could significantly affect global economic stability, as per SBI Research. In a worst-case scenario wherein crude oil prices rise to $130/barrel, India's FY27 GDP growth could slow to around 6% from the assumed baseline of about 7%, it added. A prolonged war could also affect India's trade with West Asian countries.
read more at ANI News