The duration of the disruption in the Strait of Hormuz remains the "single most consequential variable" for India's external sector and inflation outlook, according to the Finance Ministry's Monthly Economic Review

India's central bank warns the oil shock from the Strait of Hormuz closure threatens near-term growth and pushes inflation above 4.6% for 2026-27.

The duration of the disruption in the Strait of Hormuz remains the "single most consequential variable" for India's external sector and inflation outlook, according to the Finance…