New Delhi, Jan. 28 -- The ongoing civil and political unrest in Iran has not yet triggered a significant ripple effect on India Inc's global trade or the credit profiles of domestic companies.

According to a recent credit alert from Crisil Ratings, the immediate impact remains muted due to India's limited direct trade exposure to the nation. However, the rating agency warned that a prolonged or escalating conflict could eventually pressure specific sectors, particularly those sensitive to fluctuations in global crude oil prices.

"The ongoing unrest in Iran has not had any significant impact on India Inc's global trade, or the credit profiles of domestic corporates thus far," Crisil Ratings noted.

The agency highlighted that India's dir...