Impact On Indian Economy - Details of Trading With Iran & Israel - Iran & Israel War - SJ Informative
IMPACT OF INDIAN ECONOMY DUE TO IRAN - ISRAEL CONFLICT We had heard news about the conflict between Iran & Israel. Though these countries are far away from India but we are good relationship with these countries. So, the conflict between these countries would give an impact to the relationship it will ends in affecting the economy of India as well. This pressure due to this conflict will results in decline in overall Indian share market Sensex & Nifty. Approximately 3% declination in both Sensex and Nifty. Iran is one of the biggest oil exporters to India, this conflict created fluctuation in oil prices. As per the details in Embassy of India, Iran supplies Petroleum Bitumen, dry dates, saturated methanol, apples, organic\inorganic chemicals, liquified propane etc., Also, as per the details in Embassy of India Israel supplies petroleum oils, precious stones, pearls, defence equipment, electrical equipment etc., Due to this war situation, Investors will increase to invest their
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