Israel-Iran escalation may rattle Indian markets; oil spike biggest risk: Bernstein
New Delhi [India], March 2 (ANI): The escalation of the Israel-Iran conflict, marked by the reported killing of Iran's Supreme Leader Khamenei, is set to impact Indian equity markets through trade flow disruptions and a spike in crude oil prices.
According to a report by Bernstein, while India's direct economic exposure to Iran remains limited, with bilateral trade at roughly USD 1.7 billion annually, the broade