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16Apr 2024

IRAN-ISRAEL TENSIONS MAY IMPACT INDIA’S OIL TRADE ADVERSELY.

Why in the news? Iran-Israel conflict escalation raises concerns over oil prices, supply disruptions; India’s heavy import dependence amplifies economic impact. source:scribd About the Geopolitical Impact on Oil Trade: Escalation in Iran-Israel conflict may elevate crude oil prices due to increased risk premiums and concerns over supply disruptions in West Asia. India, as the world’s …

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