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Prolonged West Asia conflict could slow down...

The Sunday Guardian

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March 08, 2026

Economic growth may also face some moderation if oil prices remain elevated.

The report estimates that a USD 10 per barrel increase in oil prices could reduce India’s GDP growth by around 20-25 basis points. In a worst-case scenario where crude oil prices rise to USD 130 per barrel, India’s GDP growth in FY27 could slow to around 6 per cent f

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