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ET Markets - Stocks 129d ago
Oil shock from Iran war raises risks for India’s stock market; here’s how
Escalating Middle East tensions are pushing oil prices higher, significantly impacting India's beaten-up equities and widening their underperformance against global peers. Analysts warn of further downside for Indian assets due to the country's heavy reliance on imported energy, potentially driving inflation and weakening the economy and currency.
ENERGYGKENERGYGLOBALIEXIOCIREDAKPELOILOILCOUNTUBRELIANCERELINFRAConstructionConsumer Services
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ET Markets - Industry 141d ago
India's oil import shift signals structural energy security pivot: GlobalData
With oil accounting for roughly a quarter of India's primary energy consumption and import dependence at about 87 per cent, the country is prioritising compliance resilience, supply diversification and stronger US energy linkages as part of a more strategic energy security doctrine, the firm said.
ENERGYGKENERGYKPELOILOILCOUNTUBConstructionFinancial Services