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  India's once-bright economic growth story is facing a serious challenge as global crude oil prices surge past $100 per barrel and a deepening gas crisis adds pressure on households and industries alike. Driven largely by escalating tensions in West Asia involving Iran, Israel, and the United States the energy shock is rippling through India's economy, threatening to dim the outlook for FY27 and beyond. The Surge in Oil Prices and Its Immediate Fallout Brent crude has climbed sharply, recently hovering around $102-103 per barrel amid supply disruption fears from the ongoing conflict. India, which imports nearly 90% of its crude oil needs, is particularly vulnerable. Every $10 rise in oil prices can shave off 0.1-0.2 percentage points from GDP growth and push inflation higher by about 0.2 percentage points , according to estimates from institutions like MUFG and the RBI. If prices sustain around $100 or climb further: GDP growth for FY27 could moderate to as low as 6.6...