Samiran Chakraborty, Chief Economist-India at Citi suggests that markets are not ignoring the risks, and oil prices may stay within the $70 to $80 range in the near term, unless the situation becomes more serious.

Samiran Chakraborty, Chief Economist-India at Citi suggests that markets are not ignoring the risks, and oil prices may stay within the $70 to $80 range in the near term, unless the situation becomes more serious.