India’s fundamentals are in a good place to take the blow from oil shock , said S&P in a statement.
The stress test by the financial services firm found that , for an oil price that averages at $130 a barrel in 2026 and at about $100 a barrel in 2027, economic growth could slow by up to 80 basis points from its base case of 7.1% in fiscal 2027 (ending March 31, 2027). The earlier base case was oil price of $85 per bbl for Brent oil for the rest of 2026 and $70 for 2027.
Published – April 14, 2026 09:29 pm IST
Source: https://www.thehindu.com/business/oil-shock-may-cut-growth-by-08-but-india-can-handle-sp/article70862269.ece
