Moody’s warns of 4% GDP drop due to Gulf conflict
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- if the Gulf
- 4% GDP drop
Moody’s Ratings warns that India could see a 4% GDP drop if the Gulf conflict persists. The agency highlights that rising oil prices may increase import costs, widen the current account deficit, and elevate inflation, impacting financial stability. India's limited strategic oil reserves further heighten vulnerability to price shocks.
Not investment advice. For informational purposes only.