Explained : India can withstand Iran war turmoil, Modi tells parliament and Its Impact

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March 23, 2026

India can withstand Middle East turmoil, Modi tells parliament

Narendra Modi addresses his supporters in Guwahati
Modi said the government has made efforts to ensure that the supply of petrol, diesel, and gas is not severely impacted [FILE PHOTO: March 13, 2026]Image: Biju Boro/AFP/Getty Images

Indian Prime Minister Narendra Modi on Monday called the situation in the Middle East “worrisome,” but added that the fundamentals of the Indian economy are strong and will weather the “unprecedented challenges” posed by the conflict.

Addressing the lower house of Parliament, Modi highlighted that the Iran war was affecting global markets and supply chains, noting India’s heavy reliance on the region for crude oil, gas through key trade routes, including the Strait of Hormuz.

“The situation in West Asia is worrisome. This conflict has been going on for more than three weeks,” the Indian PM said.

However, “the inherent strength of India’s economic fundamentals has… provided significant support to the nation during this period,” he said.

While the government has taken steps to secure energy supplies, including addressing LPG demand and maintaining strategic petroleum reserves, he said, it has also facilitated bringing home around 375,000 citizens since the conflict began, including around 1,000 from Iran.

During his speech, Modi said that India has trade relations with both “the warring and war-affected countries.”

Modi said India was engaging diplomatically and urged for a peaceful resolution.

“War is not in the interest of humanity. India is encouraging all sides to end it peacefully” he said, adding that attacks on commercial ships and the disruption of Hormuz Strait are “not acceptable.”