Iran conflict raises new credit risks for emerging markets, including India: Fitch

New Delhi [India], March 9 (ANI): The Iran conflict could raise additional challenges for some emerging market sovereigns, including India, as far as energy imports, remittances, fiscal subsidies, exchange rates and access to international finance are concerned, said Fitch Ratings.

Hydrocarbon exporters could see positive effects amid the West Asia conflict.

Any effective closure of the Strait of Hormuz l