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Middle-East trade: India Inc faces limited impact from Iran-Israel conflict so far, says CRISIL
CRISIL Ratings reports that the Middle East conflict's impact on Indian companies' global trade is currently limited due to small direct trade volumes with Israel and Iran. However, escalating geopolitical risks could affect energy markets and supply chains. Upstream oil producers might gain from higher prices, while refiners and sectors like aviation could face squeezed margins.
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