US-Iran war effect on the world! New crisis facing India due to increase in oil prices, instability in global market
- Fears of a US-Iran conflict, jitters in global markets and a sharp fall in oil prices
- Worry increased by crude oil! Risk of inflation in India due to global tensions
- A new shock to the global economy? Uncertainty over oil, debt and inflation
America And amid rising tensions between Iran and Iran, global markets are ignoring a major geopolitical shift. According to the Systematics report, the current situation is not just a temporary fluctuation, but a symptom of a larger global shift, which may recur and create long-term uncertainty.
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Markets are currently torn between hope and fear on every news related to war, according to a report of a round of volatility in global markets. But, an even bigger change is taking place. Changing policies under US President Donald Trump and Iran’s response are creating a situation where investors are finding it difficult to assess long-term risks. The report described this as a major shift in the global geopolitical structure, shifting the balance of power between the US and China-led ‘Global South’. Similar tensions and conflicts may arise again in the future. (Photo Courtesy – Pinterest)
Energy market jitters On the economic front, the crisis is having a direct impact on the energy market, the report warned. Bent crude prices have reached around $100 per barrel or more, reflecting not only supply risks, but also a growing geopolitical premium. Even if tensions ease, disruptions in crude oil and gas supplies may persist. This will keep prices high for a long time.
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Global debt is also becoming a major cause of concern. According to the report, global debt is projected to increase by approximately $29 trillion to a record high of $348 trillion by 2025. This will limit the ability of governments to provide fiscal stimulus. In India’s savings, the report specifically warned that higher crude oil prices and lower demand could combine to lead to stagflation. As a result, recent economic reforms may suffer.
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Pressure on the domestic economy may increase. According to the report, India’s retail inflation rate may increase to more than 6-7 percent in the coming months. Finally, the report states, the current situation is not temporary. Rising oil prices, tight economic conditions and frequent geopolitical shocks may become permanent features of the global economy, resulting in a protracted period of adjustment.
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