by winston » Sun Apr 19, 2026 8:09 am
The Iran War Is Hitting South Asia Hard — and the Worst May Be Ahead
What's Happening
Energy and fertilizer price shocks from the Iran conflict are straining governments across South Asia, from Pakistan's 55% diesel hike to shuttered fertilizer plants in India and Bangladesh.
Austerity measures have bought time — but with planting season starting and summer heatwaves approaching, the buffers are running out.
What Comes Next
Prolonged Strait of Hormuz disruptions risk reduced crop yields, foreign exchange drains and unrest across a region already on shaky economic footing.
Pakistan and the Maldives are most exposed; India has the deepest buffers but is not immune.
Source: Rane
It's all about "how much you made when you were right" & "how little you lost when you were wrong"