India bonds could open weaker as US threatens more Iran sanctions - Economic Times BFSI
India bonds could open weaker as US threatens more Iran sanctions - Economic Times BFSI
Source: Economic Times BFSI
―
DW NOTE
The US just threatened more sanctions on a country whose shipping lane has been closed for 132 days. India buys 40% of its oil from the Gulf. Every incremental sanction widens the gap between the posted price and what someone actually pays — and India, buying in volume and outside the dollar system, ends up paying the shadow rate. The bond sell-off isn't about geopolitical risk; it's about import bills repricing in real time.