Story perspectives

Opposition Slams Modi's Israel Trip Amid Oil Crisis

3/3/2026

Summary

Story summary

India's opposition criticized Prime Minister Narendra Modi's trip to Israel, saying it endorsed U.S.-Israeli airstrikes on Iran.
The Indian National Congress called the trip's timing 'shameful,' and the Communist Party of India voiced criticism.
Rising oil prices driven by the conflict threaten India's economy and may widen its trade deficit and fuel inflation.
Air India canceled flights to several Middle Eastern countries because of the disruptions caused by the conflict.

History

Historical Context

The 1979 Iranian Revolution triggered a significant oil crisis, causing global oil prices to surge by 400%. In response, the U.S. and Israel imposed sanctions on Iran, affecting oil-dependent nations like India. Today, Prime Minister Modi's visit to Israel amid rising oil prices reflects ongoing geopolitical tensions reminiscent of 1979, raising concerns about potential inflation and trade deficits for India.

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Story summary

India's opposition criticized Prime Minister Narendra Modi's trip to Israel, saying it endorsed U.S.-Israeli airstrikes on Iran.
The Indian National Congress called the trip's timing 'shameful,' and the Communist Party of India voiced criticism.
Rising oil prices driven by the conflict threaten India's economy and may widen its trade deficit and fuel inflation.
Air India canceled flights to several Middle Eastern countries because of the disruptions caused by the conflict.

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