🏦 Economy / Policy
• The Iran conflict is being termed the biggest oil shock in history, with risks of Gulf states joining the war, intensifying global energy volatility 🛢️⚠️
• High energy prices could impact India’s FY27 fiscal position, though buffers are available, according to ICRA 📊
• OECD projects India’s GDP growth at 7.6% in FY26 and 6.1% in FY27, reflecting strong near-term momentum with some moderation ahead 💹
• Indian iron ore imports are expected to hit a 7-year high in FY26, driven by strong domestic demand 📈
• Freight surge and LPG shortages amid the Iran war are disrupting exports from eastern India ⚠️🚢
🏢 Companies / Sectors
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🌍 Global / World
• A US federal judge has temporarily blocked the Pentagon from designating AI firm Anthropic as a supply chain risk, offering relief to the company 🤖⚖️