How the Iran war has sent shocks rippling across the globe
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How the Iran war has sent shocks rippling across the globe
"Sagar Daryani, president of the Restaurant Association of India, stated that the sector is operating under severe constraints, with businesses cutting hours and shrinking menus to stay open."
"Neha Dhingra from CLASP emphasized that the crisis should serve as a wake-up call regarding the vulnerability of cooking fuel, highlighting the need for a shift to electric cooking."
"India's rupee has seen its biggest plunge in four years, raising concerns that soaring oil and gas prices will significantly increase the import bill and hinder economic growth."
"Suwarin Nantaya reported a drastic decline in inquiries for trekking tours in Thailand, dropping from 30 to just three a day due to fears of travel disruptions."
The restaurant industry in India is struggling under severe constraints, with many businesses reducing hours and menus to cope with fuel supply disruptions. A significant portion of restaurants is affected, with some shutting down entirely. The crisis has prompted calls for a shift to electric cooking. India's economy is vulnerable to energy shocks due to high dependence on oil and gas imports. Additionally, tourism in Thailand has plummeted, with a drastic drop in inquiries and cancellations from pre-booked customers amid ongoing conflict.
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