ReferIndia News India among the worst hit by West Asia crisis, says Gita Gopinath; oil, food and fertilisers all at risk

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India among the worst hit by West Asia crisis, says Gita Gopinath; oil, food and fertilisers all at risk

Published on: April 24, 2026, 2:11 p.m. | Source: The Economic Times

India faces severe economic challenges from the West Asia conflict. Disruptions affect oil, gas, and supply chains. Actual shortages are occurring, not just price hikes. Fertiliser shortages pose a future risk to agriculture and food inflation. India's growth is projected at 6.5%, aided by reduced US tariffs. The nation's focus on solar energy offers a buffer against such shocks.

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