New Delhi, April 15 -- Indias macroeconomic and financial sector fundamentals are well placed to absorb the impact of a potential oil price shock, although economic growth could moderate under a sustained high crude price scenario, according to S&P Global Ratings. Growth May Slow Under High Crude Scenario In its latest assessment, S&P said that if crude oil prices average around USD 130 per barrel in 2026 and USD 100 per barrel in 2027, GDP growth could slow by up to 80 basis points from its baseline estimate of 7.1 percent for FY2026 27. The agency noted that higher energy prices and supply disruptions linked to the ongoing West Asia conflict could weigh on economic activity across households, corporates and banks. However, i...