West Asia conflict may cast shadow on India, global economy
Sunday, 14 April 2024 The recent escalation in tensions, particularly following Iran’s drone offensive, is causing concern among finance ministers and central bank chiefs. The primary impact is expected on oil prices, which surged to $92.2 a barrel, posing risks to global economic stability. In India, while pump prices may not immediately rise due to elections, increased oil prices could strain government subsidies and impact inflation and deficits.
IMF Warns of Broad Global Impact, Due to Conflict in the Middle East.
According to 'The Guardian,' the International Monetary
Fund recently highlighted the risks of escalating
conflict in the Middle..
Credit: Wibbitz Top Stories Duration: 01:31Published
Sunday, 14 April 2024
![IMF Warns of Broad Global Impact Due to Conflict in the Middle East [Video]](https://video.newsserve.net/300/v/20240416/1372837842-IMF-Warns-of-Broad-Global-Impact-Due-to.jpg)
