Beyond oil & gas: How Iran war impacts India – from diamonds to fertilisers

 Beyond oil and gas, several other sectors of the economy will likely see a hit if the US-Iran war continues for a longer duration. According to Barclays, India’s non-energy imports from the Middle East are sizable as well – at approximately 10% of total non-energy imports. Beyond oil and gas, several other sectors of the economy will likely see a hit if the US-Iran war continues for a longer duration. According to Barclays, India’s non-energy imports from the Middle East are sizable as well – at approximately 10% of total non-energy imports.