Iran & S&P Global — CRISIL Ratings

Iran: The Iran war is cited as a cause for higher crude costs, indirectly impacting India's fuel prices.

S&P Global — CRISIL Ratings: S&P Global — CRISIL Ratings is a rating agency that published a report warning about rising petrol and diesel prices adding inflationary pressures to the Indian economy.

Iran: US-Israeli strikes on Iran>>> and Tehran's retaliation have contributed to global crude oil price surges and disruptions to shipments through the Strait of Hormuz>>>, impacting India>>>'s fuel costs.

S&P Global — CRISIL Ratings: S&P Global — CRISIL Ratings>>>, a rating agency, has warned that the rise in petrol and diesel fares is likely to add fresh inflationary pressures to India>>>'s economy, estimating a direct impact of up to 48 basis points on CPI inflation.

Iran: Iran's effective closure of the Strait of Hormuz has caused a global energy crisis, driving up oil and gas prices and disrupting supply chains. The nation is also engaged in ongoing conflict with Israel and the United States, leading to economic sanctions and military actions.

S&P Global — CRISIL Ratings: S&P Global — CRISIL Ratings, an India-based credit rating agency, expects further small price increases in retail oil prices in India, leading to wider economic impact.

Iran: The Iran war has caused a slump in mango exports from India, leading to increased freight charges and cancellations of consignments, further exacerbating the economic impact on the mango trade.

S&P Global — CRISIL Ratings: S&P Global — CRISIL Ratings provided data on India's mango production.

S&P Global — CRISIL Ratings: S&P Global — CRISIL Ratings's principal economist commented on the broad-based pressures driving inflation in India, providing expert analysis.

S&P Global — CRISIL Ratings: S&P Global — CRISIL Ratings, an India-based credit rating agency, expects further small price increases in retail oil prices, which will have a wider impact on the economy.