Iran-US War: FM Nirmala Sitharaman Says Oil Price Spike Unlikely To Push Inflation Sharply For Now
Last Updated:March 09, 2026, 4:32 PM IST FM Nirmala Sitharaman says the current inflation trajectory gives policymakers some cushion against external price shocks. FM Nirmala Sitharaman. (Image: Sansad TV/PTI) The government does not expect a sharp rise in inflation despite the recent surge in global crude oil prices triggered by the escalating conflict in the…