The ‘peace deal’ between Iran and the U.S. over the Strait of Hormuz was “very welcome” for a country like India that imports oil, natural gas, and fertilizer, V. Anantha Nageswaran, Chief Economic Advisor (CEA) to the Government of India, said on Monday. He further hoped that “it lasts”.

A peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's exports to West Asia. It will also help…

A significant peace deal has been struck between the United States and Iran. This agreement aims to end their war and reopen the vital Strait of Hormuz. International leaders have…

Prime Minister Narendra Modi has welcomed an understanding between the United States and Iran to end the conflict in West Asia. This development is expected to bring peace and…

India receives a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditions are emerging as the next major test…