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Peace in West Asia would be a relief but India can’t afford to slouch back on securing its economy

The article cautiously welcomes the prospect of peace in West Asia but warns India against complacency. While an interim US-Iran peace deal might cool global energy markets, potential new fees for the Strait of Hormuz could increase freight costs. India must pass on higher fuel and fertilizer prices to consumers, despite inflation, to prevent fiscal strain. Crucially, India needs to reduce fossil fuel dependence, diversify energy sources and trade routes to mitigate risks from single supply paths. Ultimately, the nation must improve its resilience regarding fuel, fertilizer, and foreign exchange, irrespective of regional peace.

LiveMint · Mint Editorial Board · Jun 17, 2026 at 2:00 AM

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