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IMF flags energy price risks for India , warns prolonged Middle East conflict could fuel inflation

Asia-Pacific 2 sources 2 countries 🔦 Under-reported 54m ago

The International Monetary Fund (IMF) has issued a warning regarding potential economic risks for India stemming from a prolonged conflict in the Middle East. The organization highlighted that ongoing regional instability could lead to increased energy prices, which in turn threatens to drive domestic inflation within the Indian economy.

This assessment underscores the vulnerability of India’s economy to global geopolitical tensions and fluctuations in energy markets. By flagging these risks, the IMF emphasizes the potential for external shocks to disrupt India's economic stability and inflationary outlook should the conflict persist or escalate.

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Read the full story at the source indiagazette.com · INDIA ↗
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