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Middle East turmoil to keep oil prices elevated for years, dent India’s GDP growth: ADB chief economist – The Times of India

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Middle East turmoil to keep oil prices elevated for years, dent India’s GDP growth: ADB chief economist – The Times of India

Prolonged tensions in the Middle East are expected to keep crude oil prices elevated well into the coming years, according to Asian Development Bank Chief Economist Albert Park, who warned that the fallout could weigh on India's growth and push up inflation."With a higher oil price expectation, we actually have it as USD 96 per barrel as average for 2026…

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