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West Asia crisis could spark real shortages in India oil and fertiliser warns Gita Gopinath
Economy
Published on 24 April 2026
Not just higher prices — actual shortages are already here
Gita Gopinath says India is among the worst hit by the West Asia conflict, with disruption spreading beyond prices to supply chains for oil and gas. She warns fertiliser shortages could translate into lower farm output, lifting food inflation later. Growth is still projected around 6.5%, helped by tariff relief, while solar energy could cushion future shocks.
- West Asia conflict is disrupting India’s oil and gas supplies
- Shortages are showing up, not only price spikes
- Fertiliser shortages could worsen agricultural and food inflation later
- Growth outlook stays near 6.5% despite risks
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times