Israel-Iran War ने बढ़ाई India की टेंशन, अब महंगा होगा Petrol-Diesel| GoodReturns

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Israel-Iran War: अगर कच्चे तेल की कीमतों में 10 डॉलर प्रति बैरल की बढ़ोतरी होती है तो महंगाई में लगभग 0.49% का इजाफा देखने को मिलता है. इसका मतलब है कि इस इजाफे के साथ भारत के राजकोषीय घाटे में 0.43 फीसदी की बढ़ोतरी देखने को मिलेगी. रिपोर्ट का मानना है कि इतना ही असर देश की जीडीपी में यानी 0.43 फीसदी की गिरावट के रूप में देखने को मिलेगा.      #iran #iranisraelwar #israeliranwar #iranmissileattackonisrael #iranvsisrael #iranattackisrael                  ~PR.147~ED.148~GR.124~HT.96~

Transcript

00:00You might remember that recently, a report by ICRA came out, in which it was said that

00:08in the upcoming elections, the Indian government can cut petrol and diesel prices by Rs 2-3

00:14per litre.

00:15But now it seems that it will be difficult to do this because Israel-Iran war can be

00:21ahead of this cut.

00:22In fact, Israel-Iran tensions can stop the supply of raw oil in the Middle East, which

00:28will have a direct impact on prices.

00:30When Iran attacked Israel, the prices of raw oil increased by more than 4%, due to which

00:36the prices of raw oil had exceeded $ 74 per barrel.

00:40Now let's tell you how the Middle East's tensions can create difficulties for India

00:47and how much the prices of crude oil can increase, due to which the prices of petrol and diesel

00:53can have an impact.

00:55So first of all, let's see what the data of the international market says, in which the

00:59prices of raw oil are seen to be high, after the attack on Israel by Iran, the prices of

01:03raw oil rocketed.

01:04The oil of the Khadi countries, the price of Brent crude oil is trading at $ 74.64 per

01:09barrel with a speed of 1.5%, a day before Brent crude oil prices had reached $ 75.45

01:18per barrel.

01:20After the attack of Iran's missiles, the price of crude oil has increased by more than 5%.

01:26On the other hand, if we talk about America, the prices of American crude oil are also

01:31increasing significantly.

01:32On Wednesday, the prices of WTI are trading at $ 70.97 per barrel with a speed of 1.63%.

01:40A day before, if you look at the prices, it had exceeded $ 71 per barrel.

01:45In 24 hours, the prices of American crude oil have increased by more than 5.53%.

01:52Now, the geopolitical tension has increased a lot, America has come to stand with Israel

01:58and on the other hand, other Khadi countries have also united with Iran.

02:01In this way, in the coming days, the prices of crude oil can be seen to be even higher.

02:07According to experts, if the tensions in the Middle East do not decrease, the prices of

02:12crude oil can exceed $ 80 per barrel.

02:16According to Reuters, if the tensions in the Middle East do not decrease, the supply of

02:201 million barrels of crude oil can be disturbed in the coming days, which will increase the

02:25prices of crude oil even more.

02:28On the other hand, there is also going to be a meeting of OPEC Plus on Wednesday, in which

02:32it will be considered to increase supplies or maintain a favorable situation.

02:36Russia will also participate in this meeting and discussions can also be held about the

02:41situation in the Middle East.

02:42Now, we will try to understand what will be the impact on India amidst all these situations.

02:47So, if the prices of crude oil in the international market reach $ 80 or more than that, then

02:53the planning to reduce the prices of petrol and diesel can be averted in the coming days,

02:58which was being done due to the elections of the Prime Minister.

03:01And as it was also claimed in the recent report of ICRA that a cut of Rs 2-3 will be made

03:05in the price of fuel, then it will be averted at such a time.

03:09At present, India imports 85% of its oil.

03:14A large part of India's import bill is of crude oil.

03:18And if the prices of crude oil are low, then India's import bill is also low, and India

03:23gets help in reducing the prices of petrol and diesel, which keeps inflation under control

03:28in the country.

03:29But on the other hand, if there is an increase in the prices of crude oil, then the foreign

03:33currency outflow is higher than the country and inflation increases, which has an adverse

03:39effect on the country.

03:40According to the RBI report, India imports about 25% of its crude oil, which is imported

03:47from the Middle East and Russia.

03:50According to the report, the declines in the prices of crude oil directly affect India's

03:55inflation.

03:57And if the prices of crude oil increase by $ 10 per barrel, then the inflation increases

04:03by about 0.49%.

04:06This means that with this increase, India's fiscal deficit will increase by 0.43%.

04:13According to the reports, this effect will be seen as a decline of 0.43% in the country's

04:18GDP.

04:20After the attack on Iran, the prices of Brinj crude oil increased by more than $ 4 per barrel.

04:26And if the prices exceed $ 80 per barrel, then the country's economy will have a bad

04:32effect in the coming days.

04:34How?

04:34We have just explained that.

04:36So if we talk about the situation before the attack on Iran, then in the first half of

04:41the current financial year, there was a decline of more than 17% in the prices of crude oil

04:46on MCX, while there was a decline of more than 17% in the prices of Brinj crude oil.

04:51On March 28, the last business day of the last financial year, the price of Brinj crude

04:57oil was $ 87.48 per barrel, while by September 30, the prices of Brinj crude oil increased

05:03by more than $ 80 per barrel, due to which the oil companies of the country also benefited

05:08a lot.

05:09According to a report by ICRA, in India, OMC was profiting Rs 15 per petrol and Rs 12

05:14per liter on diesel.

05:17Now let's know what the experts have to say.

05:19So experts believe that geopolitical tension is at its peak at the moment, which is not

05:24even feeling the effect of decreasing soon, and its effect can be seen in the supply of

05:29crude oil, after which there will be an increase in the prices of crude oil.

05:33It is being said that in the coming days, the prices of crude oil can exceed $ 80 per

05:37barrel, due to which it can be a little difficult to reduce the prices of petrol and diesel.

05:44In this case, we can expect that in the coming days, the prices of petrol and diesel can

05:49increase more instead of decreasing, and the supply of crude oil can be disturbed somewhere.

05:55So that's all in the video, in this we understood that how the effect of Israel-Iran tension

06:00will affect the economy of India, GDP, and how it will affect petrol and diesel.

06:06What do you think?

06:08Do tell us by commenting.

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06:12If you are watching on YouTube, then do not forget to subscribe to the YouTube channel

06:15of Goodreturns.

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