The Tape
Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
The FED & the Economy

Reserve Bank of India links West Asia conflict to oil, inflation risks

Central bank statements tie September conflict escalation to sharp crude price increases

Nadia Okonkwo
Fed & Economy Correspondent
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Stands on 3 placed sources from 2 publishers and 1 first-party instrument reading.
The Reserve Bank of India has stated that escalation of conflict in West Asia caused sharp oil price increases, raising inflation and supply chain risks. [1]