GEOPOLITICS | India Weighs Diesel Rationing, Spending Cuts as Iran War Lifts Energy Costs
2026-06-12 12:21:35
India is ramping up economic defenses as the war in Iran drives up energy costs, prompting authorities to consider rationing diesel, weigh spending cuts and seek overseas capital. According to Bloomberg, the moves reflect efforts to cushion the economy from higher fuel prices and tighter external financing conditions.
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