India will be deeply affected if Israel-Iran war escalates; it is because Indians..., economy will...
The biggest reason is that India has good relations with both these countries, due to which India is not in a position to stand with any one country. While Israel is one of India's most important defense partner countries, India has historical relations with Iran. Iran has helped India on many occasions on the platform of the Organization of Islamic Countries (OIC). Despite the constant pressure from America, India has maintained its relations with Iran. Indians in Gulf region
If a war between Iran and Israel becomes serious, then there can be concerns about the security of 90 lakh to 1 crore Indian citizens working in the Gulf region. These Indians have sent an amount of about 45 billion dollars last year itself which plays an important role in the country's economy.
In Israel, 12 thousand Indians have been sent to work in the last few months. 18-20 thousand Indians live in Israel. Many of them are students. Similarly, more than 10 thousand Indians live in Iran too. India is concerned about providing security to all of them.
The Ministry of External Affairs said in a statement, 'We are very concerned about the situation in Iran and Israel. We are keeping a very careful eye on the news of attack on nuclear bases and the changing situation there. India appeals to both the sides not to take any step to make the situation more serious. India has friendly relations with both the countries and we are ready to provide any kind of help regarding the current situation. Our missions in both the countries are in touch with the citizens. We advise all Indian citizens to stay safe and follow local security advice.' Rise in cost of crude oil
When the situation in the Gulf worsens, it always increases the prices of crude oil. The price of crude oil, which was in a very soft environment for a long time, has become 9 percent expensive on Friday, 13 June 2025 after the Israel-Iran dispute and has crossed $ 75 per barrel. This is the biggest increase in the prices of crude in a single day in recent months. India imports 86 percent of its crude oil requirement from abroad.
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Key Features: Personalised watchlists Portfolio management Curated trading and investment options Advisory services Free demat account opening Reliable customer support Final Words The rise of online trading platforms has certainly transformed the investment environment in India. The trading apps mentioned in this article, including Kotak Securities, Zerodha Kite, Upstox Pro and Paytm Money, bring unique advantages tailored to Indian investors with diverse requirements. Selecting a trading app depends on your trading objectives, level of experience and desired features. It is recommended to conduct comprehensive research, evaluate app performance, read reviews from users and check compatibility with devices before making a choice. Note to readers: This article is part of HT's paid consumer connect initiative and is independently created by the brand. HT assumes no editorial responsibility for the content, including its accuracy, completeness, or any errors or omissions. Readers are advised to verify all information independently. Investors should conduct their own research and consult a financial advisor before making investment decisions. Want to get your story featured as above? click here!
