India is looking to expand its upstream investments while geopolitical conflict in West Asia disrupts vital energy supplies.
1 report, 1 independent
Updated Jun 22
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What happened
India is looking to expand its upstream investments while geopolitical conflict in West Asia disrupts vital energy supplies.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- West Asia conflict creates economic uncertainty for the RBI, prompting expert advice from Piramal Group.Sub-event
Geopolitical conflict in West Asia is causing disruptions to vital energy supplies, impacting India's investments.1 source
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Part of
Easing Brent crude prices are supporting Nifty and Sensex, while companies like Grasim Industries and Bharti Airtel are among the top losers due to tensions in West Asia.Also in this story
- Market indices reflect investor caution amid elevated crude oil prices, affecting stocks like Bajaj Finance and Axis Bank.
- Following peace talks, investors are favoring specific high-growth sectors like auto, pharma, new-age companies, and IT amid easing geopolitical concerns in West Asia.
The entities involved
Related events
- India secures oil supplies from Africa and Russia as a response to the ongoing crisis in West Asia, which is straining its supply chain.
- Tensions in West Asia are causing disruptions to global energy supply chains, leading to reports from Bank of Baroda on Indian economic indicators.
- Global conflicts in West Asia are currently posing a significant threat to global energy supplies.
- Saudi Arabia and UAE seek investment in Indian refineries amid escalating tensions and chokepoint threats in West Asia.
- Geopolitical tensions in West Asia are raising input gas costs for IGL and prompting India to seek alternate energy supplies.