Impact of Israel Iran War on Indian Economy

Dr.K.Nagendiran, , R.Sathya,

War, Crude oil prices, Strait of Hormuz, Trade, inflation, economic instability, economic growth.

In this study we have examined the economic effects of the Israel-Iran conflict on India. The intensifying conflict between Israel and Iran has the potential to greatly affect the growth momentum of economies everywhere, including India. According to our research, the ongoing conflict will hurt the world's economy and trade since it may keep the important Red Sea shipping route closed. The rising cost of crude oil will be one of India's biggest problems in the near future, since the country imports the majority of its petrol and oil. A surge in the price of crude oil will affect economic growth in addition to causing inflation. As tensions escalate, the implications for India, an emerging player in the global market are becoming increasingly significant. India's energy security is also expected to be at risk, to a certain extent, as the likelihood of a full-scale conflict between Israel and Iran intensifies. Crucial gas and oil shipments through the Strait of Hormuz could be disrupted by the fighting, raising energy prices, causing inflation, and destabilizing the Indian economy. The purpose of this article is to analyse how the Israel-Iran war will affect the Indian economy.

Published Paper   E-Certificate

"Impact of Israel Iran War on Indian Economy", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.9, Issue 10, page no.b1-b3, October-2024, Available :https://ijnrd.org/papers/IJNRD2410101.pdf

Volume 9 Issue 10, October-2024

Pages : b1-b3

Paper Reg. ID: IJNRD_301174

Published Paper Id: IJNRD2410101

Downloads: 00072

Research Area: Arts1 All

Country: Ranipet, Tamil Nadu, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2410101

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2410101

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJNRD (IJ Publication) Janvi Wave

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