Prime Minister Narendra Modi has urged Indians to cut fuel consumption as the economic shockwaves from the U.S.-Iran conflict continue to hit global markets. Speaking in Gujarat, Modi warned that instability in the oil-rich Middle East is disrupting supply chains and increasing India’s import burden. The Prime Minister appealed for greater use of public transport, electric vehicles and work-from-home arrangements to reduce pressure on foreign exchange reserves. With crude oil prices remaining volatile amid Hormuz tensions, Modi’s remarks signal growing concern in New Delhi over the long-term economic fallout of the escalating West Asia crisis.
