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US-Iran war enters dangerous phase: Will crude oil cross $100, pushing India's economy into trouble?

Pramode Mallik · DistrictNews · 2026-08-18

US-Iran war enters dangerous phase: Will crude oil cross $100, pushing India's economy into trouble?

Geopolitical analysts are upset as the end of the US-Iran ceasefire has increased apprehensions of a prolonged conflict in the Middle East. It has also raised concerns that crude oil prices could soon cross the $100-per-barrel mark. How may it impact India? Explained. US-Iran war enters dangerous phase: Will crude oil cross $100, pushing India's economy into trouble?

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