India's farms, domestic demand & growth: Risk analyst on Iran war contagion

Deepa Kumar, Head of APAC Country Risk at S&P Global Market Intelligence, says supply chain disruptions from the blockade at the Strait of Hormuz have the most immediate economic impact on India in the short term because they directly affect households and day-to-day activity. Over the medium to long term, she says persistently high oil prices pose a broader risk, weighing on fiscal stability, trade balances, and overall economic output.