New Delhi, June 24 -- Corporate India is closely monitoring the ongoing conflict between Iran and Israel, concerned about potential disruptions to crude oil supply and rising input costs.
While immediate business sentiment remains stable, industry leaders warn that a prolonged war in West Asia could trigger crude oil inflation, affecting manufacturing and freight.
Sectors such as oil & gas, aviation, auto, paints, FMCG, infrastructure, and fertilisers are particularly vulnerable, as they rely heavily on crude-linked inputs.
Paint companies, for instance, face high exposure, with 55-60 per cent of input costs tied to petroleum derivatives like solvents and resins.
Airlines may also suffer due to rising aviation fuel prices, which form ...
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