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Bloomberg
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India Warns Iran War Could Hurt Growth and Widen Deficit
India has officially warned that the Iran war could weigh on the country's economic growth and widen its fiscal deficit. Disruptions to energy supplies and shipping are rippling across multiple sectors of the Indian economy. The government in New Delhi is assessing the broader impact of the ongoing conflict.
India sees the Iran war weighing on growth and possibly widening its fiscal deficit as energy and shipping disruptions shortages ripple across sectors.