SBI Warns of Major Impact on India if US-Iran War Prolongs

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SBI Warns: Prolonged US-Iran War Could Trigger Global Recession, Cripple India's Economy

इस संघर्ष का असर भारत पर कई तरीकों से पड़ सकता है.

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News18•07-03-2026, 15:54

SBI Warns: Prolonged US-Iran War Could Trigger Global Recession, Cripple India's Economy

•SBI report warns a prolonged US-Iran conflict could lead to global recession and crippling inflation.
•Every $10 rise in crude oil prices could widen India's Current Account Deficit by 36 basis points.
•If crude hits $130/barrel, India's GDP growth may fall to 6% by FY2027, a major blow to the economy.
•RBI interventions have stabilized government bond yields and rupee volatility, keeping it below 92.
•Closure of Strait of Hormuz, through which 20% of global crude passes, is driving oil prices up; US could benefit from rising energy prices.

Read Full Article on News18 in Hindi

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