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Rising crude prices pose a risk for India, says CEA

IndiaTimes Thursday, 19 June 2025
Rising global crude oil prices, fueled by the Israel-Iran conflict, pose a risk to India, according to the chief economic adviser. While past spikes, like during the Russia-Ukraine war, were weathered, the impact hinges on the extent and duration of the price increase. Despite global uncertainty, India's economy is projected to maintain a 6.5% growth rate.
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