Trade shocks ripple globally quick

Exports at risk: uneven hit across sectors now

Remittance buffer weakens in Middle East shock

Costly LNG threatens fertilizer and food price

Fiscal hit building as OMC losses mount again

Crude shock hits macros: growth dips CAD rises

 What about currency? 

RBI may pivot to rate hikes as inflation rises

Russia oil reliance grows: shift or risk ahead

Conclusion

Credits

As the Iran war enters its fourth week, global markets are scrambling to price in shocks. The impact is rapidly deepening for India. Goldman Sachs has already revised its outlook twice, flagging rising oil prices, a widening current account deficit, and slowing growth. Host Anirban Chowdhury talks to Santanu Sengupta, managing director and chief India economist and warns that Brent could average $85, with spikes worsening inflation and forcing RBI rate hikes. India’s reliance on Middle Eastern crude places it at the epicentre of risk, raising a critical question: how much pain can be absorbed before it reaches consumers?

Listen in.

You can follow Anirban Chowdhury on his social media: X and Linkedin

Check out other interesting episodes like: How Will a Volatile ₹ Impact You in 2026?, How Quick Commerce is Triggering a Health Crisis for Gen Z, India’s Labour Law Reboot, Viral to Valuation: Building Women’s Cricket as a Brand and much more.

Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.

As the Iran war enters its fourth week, global markets are scrambling to price in shocks. The impact is rapidly deepening for India. Goldman Sachs has already revised its outlook twice, flagging rising oil prices, a widening current account deficit, and slowing growth. Host Anirban Chowdhury talks to Santanu Sengupta, managing director and chief India economist and warns that Brent could average $85, with spikes worsening inflation and forcing RBI rate hikes. India&rsquo;s reliance on Middle Eastern crude places it at the epicentre of risk, raising a critical question: how much pain can be absorbed before it reaches consumers? Listen in. You can follow Anirban Chowdhury on his social media:<a href="https://twitter.com/AnirbanET"> X</a> and<a href="https://www.linkedin.com/in/anirban-chowdhury-b5067219/"> Linkedin</a>
Check out other interesting episodes like:<a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000742733036"> How Will a Volatile ₹ Impact You in 2026?</a>,<a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000740924439"> How Quick Commerce is Triggering a Health Crisis for Gen Z</a>,<a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000738734300"> India&rsquo;s Labour Law Reboot</a>,<a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000738205536"> Viral to Valuation: Building Women&rsquo;s Cricket as a Brand</a> and<a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777"> much more</a>. Catch the latest episode of &lsquo;The Morning Brief&rsquo; on<a href="https://economictimes.indiatimes.com/podcast?from=mdr"> The Economic Times Online</a>,<a href="https://open.spotify.com/show/6PL5kfPbwURBEu6fHCVTOL?si=26ec0fbfa7134fea"> Spotify</a>,<a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777"> Apple Podcasts</a>,<a href="https://www.jiosaavn.com/shows/the-morning-brief/1/GNPiFQD2xpY_"> JioSaavn</a>,<a href="https://music.amazon.in/podcasts/f378141f-9afb-495d-83da-9b08ec5047ac/the-morning-brief"> Amazon Music</a> and<a href="https://www.youtube.com/@theetpodcasts"> Youtube</a>.

To make sense of the week’s hottest stories in business, economy, politics and markets, journalists from the Economic Times chat with reporters and industry leaders in this thrice-weekly (Tuesday, Thursday, Friday) podcast.

The Morning Brief

Iran War: India’s Macros Under Strain