The Guardian view on India’s Iran shock: Asia’s neoliberal era starts to fracture | Editorial

Narendra Modi’s austerity appeals reveal how war, energy insecurity and dollar pressures expose the fragility of globalisation The Indian prime minister’s call for sacrifice last week marks a fundamental shift. He urged the country’s 1. 4 billion people to consume less fuel and fertiliser, buy less gold and curb foreign travel as global energy prices surge because of the war in Iran.