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Middle East conflict ‘costing us’: EAM Jaishankar explains economic consequences of Israel-Iran war

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Middle East conflict ‘costing us’: EAM Jaishankar explains economic consequences of Israel-Iran war


External Affairs Minister S Jaishankar highlighted the significant impact of the Middle East conflict on the global economy, citing increased shipping and insurance rates, affected foreign trade, and rising oil prices. He expressed deep concern about the conflict’s expansion and emphasised that it is a cause for great worry rather than an opportunity.

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